Greencastle, IN Real Estate
According to census data in the year 2000 there were 3,454 housing units in Greencastle.
This represents a 9.3% growth from 3,159 in 1990.
Of those housing units, 3,438 were located in either urbanized areas or urban clusters, and 16 were located in what is classified as a rural area.
Homeownership rate in Greencastle is about 57.5%.
Greencastle's vacancy rate, including seasonal lodging, is about 4.8%.
Average household size is 2.24 people.
The majority of houses, apartments or condos in Greencastle were built after 1959.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.40% |
| One Bedroom | 18.10% |
| Two Bedrooms | 42.20% |
| Three Bedrooms | 29.60% |
| Four Bedrooms | 7.40% |
| Five Bedrooms or more | 2.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.37 |
| Median year structure was built | 1958 |
| Median Value of occupied units | $85,500 |
| Median Price asked for vacant units | $69,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.08 |
| Median year structure was built | 1960 |
| Median Monthly Rent asked for vacant units | $450 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.30% |
| Home Equity Loan | 3% |
| Simple Mortgage | 49.60% |
| Debt Free | 41.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.6% |
