Modoc, IN Real Estate
According to census data in the year 2000 there were 87 housing units in Modoc.
This represents a 5.4% decline from 92 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 87 were located in what is classified as a rural area.
Homeownership rate in Modoc is about 85.4%.
Modoc's vacancy rate, including seasonal lodging, is about 5.7%.
Average household size is 2.43 people.
The majority of houses, apartments or condos in Modoc were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 4.60% |
| Two Bedrooms | 28.70% |
| Three Bedrooms | 48.30% |
| Four Bedrooms | 13.80% |
| Five Bedrooms or more | 4.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.4 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $40,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.58 |
| Median year structure was built | 1965 |
| Median Monthly Rent asked for vacant units | $225 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.60% |
| Home Equity Loan | 5.40% |
| Simple Mortgage | 46.40% |
| Debt Free | 44.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.4% |
