Hagerstown, IN Real Estate
According to census data in the year 2000 there were 850 housing units in Hagerstown.
This represents a 1.7% decline from 865 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 850 were located in what is classified as a rural area.
Homeownership rate in Hagerstown is about 73.3%.
Hagerstown's vacancy rate, including seasonal lodging, is about 7.2%.
Average household size is 2.26 people.
The majority of houses, apartments or condos in Hagerstown were built after 1942.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.20% |
| One Bedroom | 12.20% |
| Two Bedrooms | 29.20% |
| Three Bedrooms | 42.70% |
| Four Bedrooms | 12% |
| Five Bedrooms or more | 2.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.36 |
| Median year structure was built | 1942 |
| Median Value of occupied units | $84,600 |
| Median Price asked for vacant units | $37,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.99 |
| Median year structure was built | 1946 |
| Median Monthly Rent asked for vacant units | $363 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.30% |
| Home Equity Loan | 6.40% |
| Simple Mortgage | 54.40% |
| Debt Free | 31.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.5% |
