Elwood, IN Real Estate
According to census data in the year 2000 there were 4,122 housing units in Elwood.
This represents a 4.5% growth from 3,946 in 1990.
Of those housing units, 4,114 were located in either urbanized areas or urban clusters, and 8 were located in what is classified as a rural area.
Homeownership rate in Elwood is about 72.2%.
Elwood's vacancy rate, including seasonal lodging, is about 7.4%.
Average household size is 2.44 people.
The majority of houses, apartments or condos in Elwood were built after 1939.
|Housing Units by Size|
|Five Bedrooms or more||2.80%|
Owned Homes, Apartments and Condos
|Average Household Size||2.54|
|Median year structure was built||1939|
|Median Value of occupied units||$64,000|
|Median Price asked for vacant units||$63,300|
Rented Homes, Apartments and Condos
|Average Household Size||2.19|
|Median year structure was built||1942|
|Median Monthly Rent asked for vacant units||$240|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||5.50%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||14.9%|