North Vernon, IN Real Estate

According to census data in the year 2000 there were 2,909 housing units in North Vernon. This represents a 28.6% growth from 2,262 in 1990.

Of those housing units, 2,812 were located in either urbanized areas or urban clusters, and 97 were located in what is classified as a rural area.

Homeownership rate in North Vernon is about 62.5%. North Vernon's vacancy rate, including seasonal lodging, is about 7.7%. Average household size is 2.37 people.

The majority of houses, apartments or condos in North Vernon were built after 1969.


Housing Size

Housing Units by Size
Studio Type0.80%
One Bedroom11.30%
Two Bedrooms34.90%
Three Bedrooms44.20%
Four Bedrooms8%
Five Bedrooms or more0.80%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.51
Median year structure was built1962
Median Value of occupied units$72,600
Median Price asked for vacant units$77,900

Rented Homes, Apartments and Condos

Average Household Size2.15
Median year structure was built1980
Median Monthly Rent asked for vacant units$400

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage10.20%
Home Equity Loan11.50%
Simple Mortgage51.60%
Debt Free26.70%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16.9%