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Bremen, IN Real Estate


According to census data in the year 2000 there were 1,799 housing units in Bremen. This represents a 2.2% decline from 1,839 in 1990.

Of those housing units, 1,788 were located in either urbanized areas or urban clusters, and 11 were located in what is classified as a rural area.

Homeownership rate in Bremen is about 71.9%. Bremen's vacancy rate, including seasonal lodging, is about 5.6%. Average household size is 2.63 people.

The majority of houses, apartments or condos in Bremen were built after 1963.

Statistics

Housing Size

Housing Units by Size
Studio Type1.30%
One Bedroom16.10%
Two Bedrooms24%
Three Bedrooms39.80%
Four Bedrooms15.40%
Five Bedrooms or more3.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.85
Median year structure was built1958
Median Value of occupied units$85,500
Median Price asked for vacant units$75,000

Rented Homes, Apartments and Condos

Average Household Size2.07
Median year structure was built1966
Median Monthly Rent asked for vacant units$336

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1.10%
Second Mortgage7.70%
Home Equity Loan14.30%
Simple Mortgage47%
Debt Free30%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs15.8%