Sheridan, IN Real Estate
According to census data in the year 2000 there were 940 housing units in Sheridan.
This represents a 21.4% growth from 774 in 1990.
Of those housing units, 928 were located in either urbanized areas or urban clusters, and 12 were located in what is classified as a rural area.
Homeownership rate in Sheridan is about 72%.
Sheridan's vacancy rate, including seasonal lodging, is about 8%.
Average household size is 2.59 people.
The majority of houses, apartments or condos in Sheridan were built after 1952.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.30% |
| One Bedroom | 9.90% |
| Two Bedrooms | 38.90% |
| Three Bedrooms | 38.90% |
| Four Bedrooms | 8.20% |
| Five Bedrooms or more | 1.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.72 |
| Median year structure was built | 1952 |
| Median Value of occupied units | $89,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.25 |
| Median year structure was built | 1955 |
| Median Monthly Rent asked for vacant units | $422 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 12.50% |
| Home Equity Loan | 12.10% |
| Simple Mortgage | 40.10% |
| Debt Free | 35.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.2% |
