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McCordsville, IN Real Estate


According to census data in the year 2000 there were 397 housing units in McCordsville. This represents a 57.5% growth from 252 in 1990.

Of those housing units, 318 were located in either urbanized areas or urban clusters, and 79 were located in what is classified as a rural area.

Homeownership rate in McCordsville is about 89.5%. McCordsville's vacancy rate, including seasonal lodging, is about 8.8%. Average household size is 2.91 people.

The majority of houses, apartments or condos in McCordsville were built after 1975.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom2.50%
Two Bedrooms23.40%
Three Bedrooms52.40%
Four Bedrooms16.60%
Five Bedrooms or more5%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.9
Median year structure was built1981
Median Value of occupied units$150,800
Median Price asked for vacant units$195,800

Rented Homes, Apartments and Condos

Average Household Size3
Median year structure was built1951
Median Monthly Rent asked for vacant units$406

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6%
Home Equity Loan14.40%
Simple Mortgage56.80%
Debt Free22.80%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.7%