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Middlebury, IN Real Estate


According to census data in the year 2000 there were 1,106 housing units in Middlebury. This represents a 43.5% growth from 771 in 1990.

Of those housing units, 1,036 were located in either urbanized areas or urban clusters, and 70 were located in what is classified as a rural area.

Homeownership rate in Middlebury is about 75.4%. Middlebury's vacancy rate, including seasonal lodging, is about 3.2%. Average household size is 2.68 people.

The majority of houses, apartments or condos in Middlebury were built after 1978.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom8%
Two Bedrooms22.20%
Three Bedrooms47.50%
Four Bedrooms18.20%
Five Bedrooms or more4.10%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.82
Median year structure was built1980
Median Value of occupied units$118,400
Median Price asked for vacant units$135,000

Rented Homes, Apartments and Condos

Average Household Size2.25
Median year structure was built1975
Median Monthly Rent asked for vacant units$525

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7.30%
Home Equity Loan15.70%
Simple Mortgage53.20%
Debt Free23.70%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.6%