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Indian Wells, CA Real Estate


According to census data in the year 2000 there were 3,950 housing units in Indian Wells. This represents a 30.8% growth from 3,019 in 1990.

Of those housing units, 2,737 were located in either urbanized areas or urban clusters, and 1,213 were located in what is classified as a rural area.

Homeownership rate in Indian Wells is about 88.5%. Indian Wells's vacancy rate, including seasonal lodging, is about 50.2%. Average household size is 1.93 people.

The majority of houses, apartments or condos in Indian Wells were built after 1981.

Statistics

Housing Size

Housing Units by Size
Studio Type3.90%
One Bedroom4.50%
Two Bedrooms20.70%
Three Bedrooms52.90%
Four Bedrooms15.20%
Five Bedrooms or more2.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size1.98
Median year structure was built1980
Median Value of occupied units$400,700
Median Price asked for vacant units$585,700

Rented Homes, Apartments and Condos

Average Household Size1.52
Median year structure was built1987

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.60%
Second Mortgage4.80%
Home Equity Loan6.90%
Simple Mortgage51.90%
Debt Free35.90%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs21.6%