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South Whitley, IN Real Estate


According to census data in the year 2000 there were 790 housing units in South Whitley. This represents a 27% growth from 622 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 790 were located in what is classified as a rural area.

Homeownership rate in South Whitley is about 73.7%. South Whitley's vacancy rate, including seasonal lodging, is about 6.6%. Average household size is 2.4 people.

The majority of houses, apartments or condos in South Whitley were built after 1950.

Statistics

Housing Size

Housing Units by Size
Studio Type0.60%
One Bedroom11.10%
Two Bedrooms32.70%
Three Bedrooms42.50%
Four Bedrooms11%
Five Bedrooms or more2%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.56
Median year structure was built1944
Median Value of occupied units$71,900
Median Price asked for vacant units$50,000

Rented Homes, Apartments and Condos

Average Household Size1.94
Median year structure was built1971
Median Monthly Rent asked for vacant units$230

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.60%
Home Equity Loan7.70%
Simple Mortgage48.20%
Debt Free38.50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.7%