Home

Morgantown, IN Real Estate


According to census data in the year 2000 there were 403 housing units in Morgantown. This represents a 6.1% growth from 380 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 403 were located in what is classified as a rural area.

Homeownership rate in Morgantown is about 63.9%. Morgantown's vacancy rate, including seasonal lodging, is about 9.2%. Average household size is 2.57 people.

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

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom13.20%
Two Bedrooms37.20%
Three Bedrooms42.40%
Four Bedrooms5%
Five Bedrooms or more2.20%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.42
Median year structure was built1951
Median Value of occupied units$79,200
Median Price asked for vacant units$80,000

Rented Homes, Apartments and Condos

Average Household Size2.84
Median year structure was built1961
Median Monthly Rent asked for vacant units$475

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage12%
Home Equity Loan0%
Simple Mortgage60.90%
Debt Free27.10%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs17.7%