Valparaiso, IN Real Estate

According to census data in the year 2000 there were 11,659 housing units in Valparaiso. This represents a 25.5% growth from 9,293 in 1990.

Of those housing units, 11,635 were located in either urbanized areas or urban clusters, and 24 were located in what is classified as a rural area.

Homeownership rate in Valparaiso is about 54.8%. Valparaiso's vacancy rate, including seasonal lodging, is about 6.4%. Average household size is 2.27 people.

The majority of houses, apartments or condos in Valparaiso were built after 1971.


Housing Size

Housing Units by Size
Studio Type2.90%
One Bedroom16.70%
Two Bedrooms32%
Three Bedrooms32.90%
Four Bedrooms13.30%
Five Bedrooms or more2.30%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.67
Median year structure was built1968
Median Value of occupied units$121,700
Median Price asked for vacant units$127,000

Rented Homes, Apartments and Condos

Average Household Size1.78
Median year structure was built1974
Median Monthly Rent asked for vacant units$558

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage9.60%
Home Equity Loan9.20%
Simple Mortgage54.10%
Debt Free26.50%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs18%