Pendleton, IN Real Estate
According to census data in the year 2000 there were 1,527 housing units in Pendleton.
This represents a 56.5% growth from 976 in 1990.
Of those housing units, 1,251 were located in either urbanized areas or urban clusters, and 276 were located in what is classified as a rural area.
Homeownership rate in Pendleton is about 64.7%.
Pendleton's vacancy rate, including seasonal lodging, is about 6.4%.
Average household size is 2.36 people.
The majority of houses, apartments or condos in Pendleton were built after 1955.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 14.70% |
| Two Bedrooms | 28.60% |
| Three Bedrooms | 36.70% |
| Four Bedrooms | 20% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.62 |
| Median year structure was built | 1948 |
| Median Value of occupied units | $110,700 |
| Median Price asked for vacant units | $112,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.87 |
| Median year structure was built | 1981 |
| Median Monthly Rent asked for vacant units | $473 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6% |
| Home Equity Loan | 7.50% |
| Simple Mortgage | 56.60% |
| Debt Free | 29.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.1% |
