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Syracuse, IN Real Estate


According to census data in the year 2000 there were 1,375 housing units in Syracuse. This represents a 11.3% growth from 1,235 in 1990.

Of those housing units, 1,369 were located in either urbanized areas or urban clusters, and 6 were located in what is classified as a rural area.

Homeownership rate in Syracuse is about 66.9%. Syracuse's vacancy rate, including seasonal lodging, is about 9.8%. Average household size is 2.48 people.

The majority of houses, apartments or condos in Syracuse were built after 1967.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom11.20%
Two Bedrooms27%
Three Bedrooms50.50%
Four Bedrooms9.50%
Five Bedrooms or more1.80%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.5
Median year structure was built1964
Median Value of occupied units$85,300
Median Price asked for vacant units$71,300

Rented Homes, Apartments and Condos

Average Household Size2.45
Median year structure was built1972
Median Monthly Rent asked for vacant units$338

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.30%
Home Equity Loan7.20%
Simple Mortgage61.40%
Debt Free26.10%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.5%