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Pierceton, IN Real Estate


According to census data in the year 2000 there were 260 housing units in Pierceton. This represents a 37% decline from 413 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 260 were located in what is classified as a rural area.

Homeownership rate in Pierceton is about 73.4%. Pierceton's vacancy rate, including seasonal lodging, is about 3.1%. Average household size is 2.72 people.

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

Statistics

Housing Size

Housing Units by Size
Studio Type1.50%
One Bedroom6.20%
Two Bedrooms31.50%
Three Bedrooms46.90%
Four Bedrooms10.80%
Five Bedrooms or more3.10%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.68
Median year structure was built1953
Median Value of occupied units$64,000
Median Price asked for vacant units$42,500

Rented Homes, Apartments and Condos

Average Household Size2.85
Median year structure was built1972
Median Monthly Rent asked for vacant units$375

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7.90%
Home Equity Loan6.70%
Simple Mortgage54.50%
Debt Free30.90%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.4%