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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 Type0.10%
One Bedroom3.60%
Two Bedrooms22.20%
Three Bedrooms46.10%
Four Bedrooms24.90%
Five Bedrooms or more3.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.68
Median year structure was built1968
Median Value of occupied units$163,800
Median Price asked for vacant units$185,000

Rented Homes, Apartments and Condos

Average Household Size2.07
Median year structure was built1967
Median Monthly Rent asked for vacant units$840

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage5.90%
Home Equity Loan9.10%
Simple Mortgage51.10%
Debt Free33.40%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs16.9%