South Bend, NE Real Estate
According to census data in the year 2000 there were 35 housing units in South Bend. This represents a 12.5% decline from 40 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 35 were located in what is classified as a rural area.
Homeownership rate in South Bend is about 100%. South Bend's vacancy rate, including seasonal lodging, is about 11.4%. Average household size is 2.55 people.
The majority of houses, apartments or condos in South Bend were built after 1961.
Statistics
Housing Size
| Housing Units by Size | |||
|---|---|---|---|
| Studio Type | 0% | ||
| One Bedroom | 11.40% | ||
| Two Bedrooms | 48.60% | ||
| Three Bedrooms | 20% | ||
| Four Bedrooms | 14.30% | ||
| Five Bedrooms or more | 5.70% | ||
| As % of Housing Units | |||||
|---|---|---|---|---|---|
Owned Homes, Apartments and Condos
| Average Household Size | 2.55 |
| Median year structure was built | 1961 |
| Median Value of occupied units | $80,000 |
| Median Price asked for vacant units | $32,500 |
Owners Finance Status
| Housing Finance | |||
|---|---|---|---|
| Second Mortgage & Equity Loan | 0% | ||
| Second Mortgage | 9.10% | ||
| Home Equity Loan | 18.20% | ||
| Simple Mortgage | 40.90% | ||
| Debt Free | 31.80% | ||
| As % of Housing Units | |||||
|---|---|---|---|---|---|
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.6% |
Data sources: 
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