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Paragon, IN Real Estate


According to census data in the year 2000 there were 264 housing units in Paragon. This represents a 36.1% growth from 194 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 264 were located in what is classified as a rural area.

Homeownership rate in Paragon is about 67.9%. Paragon's vacancy rate, including seasonal lodging, is about 11.4%. Average household size is 2.84 people.

The majority of houses, apartments or condos in Paragon were built after 1958.

Statistics

Housing Size

Housing Units by Size
Studio Type1.90%
One Bedroom8%
Two Bedrooms36%
Three Bedrooms47.30%
Four Bedrooms5.30%
Five Bedrooms or more1.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.82
Median year structure was built1950
Median Value of occupied units$76,400
Median Price asked for vacant units$65,000

Rented Homes, Apartments and Condos

Average Household Size2.89
Median year structure was built1972
Median Monthly Rent asked for vacant units$375

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage15.60%
Home Equity Loan5.70%
Simple Mortgage40.20%
Debt Free38.50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18.5%