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Universal, IN Real Estate


According to census data in the year 2000 there were 216 housing units in Universal. This represents a 20.7% growth from 179 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 216 were located in what is classified as a rural area.

Homeownership rate in Universal is about 69.3%. Universal's vacancy rate, including seasonal lodging, is about 12.5%. Average household size is 2.29 people.

The majority of houses, apartments or condos in Universal were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom12%
Two Bedrooms55.10%
Three Bedrooms26.40%
Four Bedrooms6.50%
Five Bedrooms or more0%
As % of Housing Units
       

Owned Homes, Apartments and Condos

Average Household Size2.66
Median year structure was built1939
Median Value of occupied units$45,500
Median Price asked for vacant units$9,999

Rented Homes, Apartments and Condos

Average Household Size1.43
Median year structure was built1948
Median Monthly Rent asked for vacant units$275

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage1.80%
Home Equity Loan12.80%
Simple Mortgage40.40%
Debt Free45%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs12.9%