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Pennville, IN Real Estate


According to census data in the year 2000 there were 320 housing units in Pennville. This represents a 6.3% growth from 301 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 320 were located in what is classified as a rural area.

Homeownership rate in Pennville is about 66.2%. Pennville's vacancy rate, including seasonal lodging, is about 11.3%. Average household size is 2.51 people.

The majority of houses, apartments or condos in Pennville were built after 1950.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom13.80%
Two Bedrooms32.50%
Three Bedrooms41.30%
Four Bedrooms11.90%
Five Bedrooms or more0.60%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.46
Median year structure was built1942
Median Value of occupied units$39,400
Median Price asked for vacant units$72,500

Rented Homes, Apartments and Condos

Average Household Size2.6
Median year structure was built1969
Median Monthly Rent asked for vacant units$275

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.80%
Home Equity Loan5.80%
Simple Mortgage37%
Debt Free51.30%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs13%