Nappanee, IN Real Estate
According to census data in the year 2000 there were 2,576 housing units in Nappanee.
This represents a 17.3% growth from 2,196 in 1990.
Of those housing units, 2,570 were located in either urbanized areas or urban clusters, and 6 were located in what is classified as a rural area.
Homeownership rate in Nappanee is about 68.6%.
Nappanee's vacancy rate, including seasonal lodging, is about 4.2%.
Average household size is 2.65 people.
The majority of houses, apartments or condos in Nappanee were built after 1965.
|Housing Units by Size|
|Five Bedrooms or more||0.90%|
Owned Homes, Apartments and Condos
|Average Household Size||2.82|
|Median year structure was built||1958|
|Median Value of occupied units||$86,800|
|Median Price asked for vacant units||$75,000|
Rented Homes, Apartments and Condos
|Average Household Size||2.29|
|Median year structure was built||1973|
|Median Monthly Rent asked for vacant units||$446|
Owners Finance Status
|Second Mortgage & Equity Loan||0.80%|
|Home Equity Loan||14.10%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||16.5%|