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Winamac, IN Real Estate


According to census data in the year 2000 there were 1,091 housing units in Winamac. This represents a 3.6% growth from 1,053 in 1990.

Of those housing units, 1,079 were located in either urbanized areas or urban clusters, and 12 were located in what is classified as a rural area.

Homeownership rate in Winamac is about 66.4%. Winamac's vacancy rate, including seasonal lodging, is about 8.4%. Average household size is 2.24 people.

The majority of houses, apartments or condos in Winamac were built after 1954.

Statistics

Housing Size

Housing Units by Size
Studio Type0.40%
One Bedroom16.10%
Two Bedrooms36.10%
Three Bedrooms32.20%
Four Bedrooms12.60%
Five Bedrooms or more2.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.47
Median year structure was built1949
Median Value of occupied units$68,000
Median Price asked for vacant units$52,500

Rented Homes, Apartments and Condos

Average Household Size1.79
Median year structure was built1964
Median Monthly Rent asked for vacant units$359

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.30%
Home Equity Loan6.90%
Simple Mortgage44.10%
Debt Free45.70%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.3%