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Cambridge City, IN Real Estate


According to census data in the year 2000 there were 960 housing units in Cambridge City. This represents a 3.1% growth from 931 in 1990.

Of those housing units, 960 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Cambridge City is about 62.8%. Cambridge City's vacancy rate, including seasonal lodging, is about 5.1%. Average household size is 2.34 people.

The majority of houses, apartments or condos in Cambridge City were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type3%
One Bedroom12.90%
Two Bedrooms29%
Three Bedrooms39.90%
Four Bedrooms12.60%
Five Bedrooms or more2.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.61
Median year structure was built1940
Median Value of occupied units$77,700
Median Price asked for vacant units$37,500

Rented Homes, Apartments and Condos

Average Household Size1.89
Median year structure was built1939
Median Monthly Rent asked for vacant units$358

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage9.70%
Home Equity Loan10.20%
Simple Mortgage52.50%
Debt Free27.70%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18.2%