Munster, IN Real Estate
According to census data in the year 2000 there were 8,339 housing units in Munster.
This represents a 12.8% growth from 7,393 in 1990.
Of those housing units, 8,339 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Munster is about 89.1%.
Munster's vacancy rate, including seasonal lodging, is about 3%.
Average household size is 2.62 people.
The majority of houses, apartments or condos in Munster were built after 1968.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.10% |
| One Bedroom | 3.60% |
| Two Bedrooms | 22.20% |
| Three Bedrooms | 46.10% |
| Four Bedrooms | 24.90% |
| Five Bedrooms or more | 3.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.68 |
| Median year structure was built | 1968 |
| Median Value of occupied units | $163,800 |
| Median Price asked for vacant units | $185,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.07 |
| Median year structure was built | 1967 |
| Median Monthly Rent asked for vacant units | $840 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 5.90% |
| Home Equity Loan | 9.10% |
| Simple Mortgage | 51.10% |
| Debt Free | 33.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.9% |
