Advance, IN Real Estate

According to census data in the year 2000 there were 193 housing units in Advance. This represents a 9% growth from 177 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 193 were located in what is classified as a rural area.

Homeownership rate in Advance is about 80.5%. Advance's vacancy rate, including seasonal lodging, is about 4.1%. Average household size is 3.05 people.

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


Housing Size

Housing Units by Size
Studio Type0%
One Bedroom9.30%
Two Bedrooms24.90%
Three Bedrooms38.30%
Four Bedrooms20.20%
Five Bedrooms or more7.30%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.79
Median year structure was built1939
Median Value of occupied units$83,300

Rented Homes, Apartments and Condos

Average Household Size4.11
Median year structure was built1939

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1.50%
Second Mortgage1.50%
Home Equity Loan3.10%
Simple Mortgage70.80%
Debt Free23.10%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs17.2%