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Spiceland, IN Real Estate


According to census data in the year 2000 there were 333 housing units in Spiceland. This represents a 12.5% growth from 296 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 333 were located in what is classified as a rural area.

Homeownership rate in Spiceland is about 80%. Spiceland's vacancy rate, including seasonal lodging, is about 3.9%. Average household size is 2.38 people.

The majority of houses, apartments or condos in Spiceland were built after 1943.

Statistics

Housing Size

Housing Units by Size
Studio Type0.60%
One Bedroom5.10%
Two Bedrooms26.40%
Three Bedrooms45.60%
Four Bedrooms19.20%
Five Bedrooms or more3%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.34
Median year structure was built1940
Median Value of occupied units$75,800
Median Price asked for vacant units$62,500

Rented Homes, Apartments and Condos

Average Household Size2.52
Median year structure was built1953
Median Monthly Rent asked for vacant units$350

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage9.20%
Home Equity Loan8.80%
Simple Mortgage46.70%
Debt Free35.40%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15.5%