Home

Monroe City, IN Real Estate


According to census data in the year 2000 there were 258 housing units in Monroe City. This represents a 10.7% growth from 233 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 258 were located in what is classified as a rural area.

Homeownership rate in Monroe City is about 71.9%. Monroe City's vacancy rate, including seasonal lodging, is about 11.6%. Average household size is 2.35 people.

The majority of houses, apartments or condos in Monroe City were built after 1955.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom8.50%
Two Bedrooms46.10%
Three Bedrooms34.90%
Four Bedrooms6.60%
Five Bedrooms or more3.90%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.46
Median year structure was built1957
Median Value of occupied units$48,600
Median Price asked for vacant units$65,000

Rented Homes, Apartments and Condos

Average Household Size2.05
Median year structure was built1945
Median Monthly Rent asked for vacant units$250

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.30%
Home Equity Loan4.90%
Simple Mortgage45.80%
Debt Free43%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.7%