Shipshewana, IN Real Estate

According to census data in the year 2000 there were 253 housing units in Shipshewana. This represents a 6.8% growth from 237 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 253 were located in what is classified as a rural area.

Homeownership rate in Shipshewana is about 48.7%. Shipshewana's vacancy rate, including seasonal lodging, is about 5.9%. Average household size is 2.26 people.

The majority of houses, apartments or condos in Shipshewana were built after 1973.


Housing Size

Housing Units by Size
Studio Type1.60%
One Bedroom17%
Two Bedrooms30%
Three Bedrooms34%
Four Bedrooms12.60%
Five Bedrooms or more4.70%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.63
Median year structure was built1964
Median Value of occupied units$114,300
Median Price asked for vacant units$82,500

Rented Homes, Apartments and Condos

Average Household Size1.92
Median year structure was built1982
Median Monthly Rent asked for vacant units$381

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan2.80%
Second Mortgage5.70%
Home Equity Loan6.60%
Simple Mortgage29.20%
Debt Free55.70%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs13.1%