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Ossian, IA Real Estate


According to census data in the year 2000 there were 358 housing units in Ossian. This represents a 7.5% growth from 333 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 358 were located in what is classified as a rural area.

Homeownership rate in Ossian is about 79.6%. Ossian's vacancy rate, including seasonal lodging, is about 8.4%. Average household size is 2.43 people.

The majority of houses, apartments or condos in Ossian were built after 1942.

Statistics

Housing Size

Housing Units by Size
Studio Type1.10%
One Bedroom7.80%
Two Bedrooms20.90%
Three Bedrooms44.70%
Four Bedrooms24.60%
Five Bedrooms or more0.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.48
Median year structure was built1939
Median Value of occupied units$68,300

Rented Homes, Apartments and Condos

Average Household Size2.25
Median year structure was built1950
Median Monthly Rent asked for vacant units$200

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.30%
Home Equity Loan4.90%
Simple Mortgage37%
Debt Free52.70%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.1%