Martinsville, IN Real Estate
According to census data in the year 2000 there were 4,903 housing units in Martinsville.
This represents a 6.5% growth from 4,604 in 1990.
Of those housing units, 4,826 were located in either urbanized areas or urban clusters, and 77 were located in what is classified as a rural area.
Homeownership rate in Martinsville is about 60.6%.
Martinsville's vacancy rate, including seasonal lodging, is about 5.2%.
Average household size is 2.42 people.
The majority of houses, apartments or condos in Martinsville were built after 1962.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.30% |
| One Bedroom | 17.40% |
| Two Bedrooms | 38.10% |
| Three Bedrooms | 34.70% |
| Four Bedrooms | 8.50% |
| Five Bedrooms or more | 1% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.47 |
| Median year structure was built | 1957 |
| Median Value of occupied units | $90,100 |
| Median Price asked for vacant units | $54,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.34 |
| Median year structure was built | 1969 |
| Median Monthly Rent asked for vacant units | $420 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 12.60% |
| Home Equity Loan | 4.80% |
| Simple Mortgage | 48.50% |
| Debt Free | 33.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.8% |
