Hope, IN Real Estate
According to census data in the year 2000 there were 837 housing units in Hope.
This represents a 2.8% growth from 814 in 1990.
Of those housing units, 829 were located in either urbanized areas or urban clusters, and 8 were located in what is classified as a rural area.
Homeownership rate in Hope is about 76.6%.
Hope's vacancy rate, including seasonal lodging, is about 8.1%.
Average household size is 2.79 people.
The majority of houses, apartments or condos in Hope were built after 1962.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 5% |
| Two Bedrooms | 30.10% |
| Three Bedrooms | 52.80% |
| Four Bedrooms | 11.50% |
| Five Bedrooms or more | 0.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.71 |
| Median year structure was built | 1960 |
| Median Value of occupied units | $74,400 |
| Median Price asked for vacant units | $76,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.03 |
| Median year structure was built | 1966 |
| Median Monthly Rent asked for vacant units | $450 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 9.40% |
| Home Equity Loan | 6.40% |
| Simple Mortgage | 54.70% |
| Debt Free | 29.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.5% |
