Mt. Summit, IN Real Estate
According to census data in the year 2000 there were 132 housing units in Mt. Summit.
This represents a 23.4% growth from 107 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 132 were located in what is classified as a rural area.
Homeownership rate in Mt. Summit is about 80%.
Mt. Summit's vacancy rate, including seasonal lodging, is about 5.3%.
Average household size is 2.41 people.
The majority of houses, apartments or condos in Mt. Summit were built after 1949.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 9.80% |
| Two Bedrooms | 28.80% |
| Three Bedrooms | 50% |
| Four Bedrooms | 11.40% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.61 |
| Median year structure was built | 1941 |
| Median Value of occupied units | $69,300 |
| Median Price asked for vacant units | $55,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.6 |
| Median year structure was built | 1966 |
| Median Monthly Rent asked for vacant units | $475 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.10% |
| Home Equity Loan | 2.40% |
| Simple Mortgage | 43.90% |
| Debt Free | 47.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 11% |
