Versailles, IN Real Estate
According to census data in the year 2000 there were 807 housing units in Versailles.
This represents a 0.7% decline from 813 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 807 were located in what is classified as a rural area.
Homeownership rate in Versailles is about 68.8%.
Versailles's vacancy rate, including seasonal lodging, is about 8.3%.
Average household size is 2.37 people.
The majority of houses, apartments or condos in Versailles were built after 1966.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.40% |
| One Bedroom | 11.50% |
| Two Bedrooms | 29% |
| Three Bedrooms | 49.40% |
| Four Bedrooms | 7.80% |
| Five Bedrooms or more | 0.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.48 |
| Median year structure was built | 1969 |
| Median Value of occupied units | $81,800 |
| Median Price asked for vacant units | $60,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.13 |
| Median year structure was built | 1956 |
| Median Monthly Rent asked for vacant units | $321 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1.40% |
| Second Mortgage | 6.30% |
| Home Equity Loan | 7.70% |
| Simple Mortgage | 52.90% |
| Debt Free | 31.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.9% |
