McCordsville, IN Real Estate
According to census data in the year 2000 there were 397 housing units in McCordsville.
This represents a 57.5% growth from 252 in 1990.
Of those housing units, 318 were located in either urbanized areas or urban clusters, and 79 were located in what is classified as a rural area.
Homeownership rate in McCordsville is about 89.5%.
McCordsville's vacancy rate, including seasonal lodging, is about 8.8%.
Average household size is 2.91 people.
The majority of houses, apartments or condos in McCordsville were built after 1975.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 2.50% |
| Two Bedrooms | 23.40% |
| Three Bedrooms | 52.40% |
| Four Bedrooms | 16.60% |
| Five Bedrooms or more | 5% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.9 |
| Median year structure was built | 1981 |
| Median Value of occupied units | $150,800 |
| Median Price asked for vacant units | $195,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 3 |
| Median year structure was built | 1951 |
| Median Monthly Rent asked for vacant units | $406 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6% |
| Home Equity Loan | 14.40% |
| Simple Mortgage | 56.80% |
| Debt Free | 22.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.7% |
