Lynn, IN Real Estate
According to census data in the year 2000 there were 504 housing units in Lynn.
This represents a 1.4% decline from 511 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 504 were located in what is classified as a rural area.
Homeownership rate in Lynn is about 72.1%.
Lynn's vacancy rate, including seasonal lodging, is about 7.5%.
Average household size is 2.46 people.
The majority of houses, apartments or condos in Lynn were built after 1944.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 9.30% |
| Two Bedrooms | 36.10% |
| Three Bedrooms | 37.30% |
| Four Bedrooms | 15.70% |
| Five Bedrooms or more | 1.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.51 |
| Median year structure was built | 1941 |
| Median Value of occupied units | $63,700 |
| Median Price asked for vacant units | $47,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.34 |
| Median year structure was built | 1949 |
| Median Monthly Rent asked for vacant units | $356 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.70% |
| Home Equity Loan | 1.30% |
| Simple Mortgage | 51.30% |
| Debt Free | 40.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17% |
