Correctionville, IA Real Estate

According to census data in the year 2000 there were 403 housing units in Correctionville. This represents a 7.5% growth from 375 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 403 were located in what is classified as a rural area.

Homeownership rate in Correctionville is about 78.8%. Correctionville's vacancy rate, including seasonal lodging, is about 15.6%. Average household size is 2.29 people.

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


Housing Size

Housing Units by Size
Studio Type0%
One Bedroom11.70%
Two Bedrooms37.70%
Three Bedrooms34.70%
Four Bedrooms11.20%
Five Bedrooms or more4.70%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.28
Median year structure was built1943
Median Value of occupied units$50,800
Median Price asked for vacant units$41,300

Rented Homes, Apartments and Condos

Average Household Size2.36
Median year structure was built1941
Median Monthly Rent asked for vacant units$238

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.10%
Home Equity Loan0.90%
Simple Mortgage31.20%
Debt Free65.80%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs11.7%