Redkey, IN Real Estate
According to census data in the year 2000 there were 634 housing units in Redkey.
This represents a 1.9% growth from 622 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 634 were located in what is classified as a rural area.
Homeownership rate in Redkey is about 73.4%.
Redkey's vacancy rate, including seasonal lodging, is about 8%.
Average household size is 2.46 people.
The majority of houses, apartments or condos in Redkey were built after 1942.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 9.80% |
| Two Bedrooms | 33.10% |
| Three Bedrooms | 41.60% |
| Four Bedrooms | 11.40% |
| Five Bedrooms or more | 4.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.51 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $45,800 |
| Median Price asked for vacant units | $50,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.32 |
| Median year structure was built | 1959 |
| Median Monthly Rent asked for vacant units | $275 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.40% |
| Home Equity Loan | 6.90% |
| Simple Mortgage | 39.50% |
| Debt Free | 48.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.4% |
