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Orleans, IN Real Estate


According to census data in the year 2000 there were 1,011 housing units in Orleans. This represents a 9.9% growth from 920 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 1,011 were located in what is classified as a rural area.

Homeownership rate in Orleans is about 70.5%. Orleans's vacancy rate, including seasonal lodging, is about 5.8%. Average household size is 2.38 people.

The majority of houses, apartments or condos in Orleans were built after 1965.

Statistics

Housing Size

Housing Units by Size
Studio Type1.10%
One Bedroom11%
Two Bedrooms33.50%
Three Bedrooms43.50%
Four Bedrooms9.10%
Five Bedrooms or more1.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.4
Median year structure was built1965
Median Value of occupied units$61,500
Median Price asked for vacant units$28,800

Rented Homes, Apartments and Condos

Average Household Size2.33
Median year structure was built1966
Median Monthly Rent asked for vacant units$250

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.20%
Home Equity Loan4.60%
Simple Mortgage48.30%
Debt Free42.80%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18.3%