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Elkhart, IN Real Estate


According to census data in the year 2000 there were 21,648 housing units in Elkhart. This represents a 13.1% growth from 19,147 in 1990.

Of those housing units, 21,630 were located in either urbanized areas or urban clusters, and 18 were located in what is classified as a rural area.

Homeownership rate in Elkhart is about 53.7%. Elkhart's vacancy rate, including seasonal lodging, is about 6.8%. Average household size is 2.53 people.

The majority of houses, apartments or condos in Elkhart were built after 1960.

Statistics

Housing Size

Housing Units by Size
Studio Type2.30%
One Bedroom18.60%
Two Bedrooms33.80%
Three Bedrooms34.40%
Four Bedrooms9%
Five Bedrooms or more1.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.72
Median year structure was built1953
Median Value of occupied units$78,200
Median Price asked for vacant units$67,600

Rented Homes, Apartments and Condos

Average Household Size2.31
Median year structure was built1968
Median Monthly Rent asked for vacant units$500

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage9%
Home Equity Loan8.50%
Simple Mortgage53.60%
Debt Free28.60%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs16.3%