Ossian, IN Real Estate
According to census data in the year 2000 there were 1,177 housing units in Ossian.
This represents a 25.9% growth from 935 in 1990.
Of those housing units, 1,177 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Ossian is about 78%.
Ossian's vacancy rate, including seasonal lodging, is about 3.2%.
Average household size is 2.55 people.
The majority of houses, apartments or condos in Ossian were built after 1974.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.30% |
| One Bedroom | 6.20% |
| Two Bedrooms | 25.20% |
| Three Bedrooms | 57.30% |
| Four Bedrooms | 9.70% |
| Five Bedrooms or more | 1.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.76 |
| Median year structure was built | 1974 |
| Median Value of occupied units | $86,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.79 |
| Median year structure was built | 1977 |
| Median Monthly Rent asked for vacant units | $575 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 9.70% |
| Home Equity Loan | 3.80% |
| Simple Mortgage | 59.70% |
| Debt Free | 26.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.8% |
