Winona Lake, IN Real Estate
According to census data in the year 2000 there were 1,498 housing units in Winona Lake.
This represents a 7.6% growth from 1,392 in 1990.
Of those housing units, 1,498 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Winona Lake is about 69.5%.
Winona Lake's vacancy rate, including seasonal lodging, is about 9.1%.
Average household size is 2.71 people.
The majority of houses, apartments or condos in Winona Lake were built after 1971.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.40% |
| One Bedroom | 8.50% |
| Two Bedrooms | 27.60% |
| Three Bedrooms | 44.40% |
| Four Bedrooms | 13.80% |
| Five Bedrooms or more | 4.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.88 |
| Median year structure was built | 1976 |
| Median Value of occupied units | $96,300 |
| Median Price asked for vacant units | $102,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.32 |
| Median year structure was built | 1960 |
| Median Monthly Rent asked for vacant units | $147 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.40% |
| Home Equity Loan | 12.50% |
| Simple Mortgage | 62.40% |
| Debt Free | 19.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18% |
