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Orestes, IN Real Estate


According to census data in the year 2000 there were 158 housing units in Orestes. This represents a 0% decline from 158 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 158 were located in what is classified as a rural area.

Homeownership rate in Orestes is about 80.7%. Orestes's vacancy rate, including seasonal lodging, is about 11.4%. Average household size is 2.64 people.

The majority of houses, apartments or condos in Orestes were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom0%
Two Bedrooms44.90%
Three Bedrooms36.10%
Four Bedrooms19%
Five Bedrooms or more0%
As % of Housing Units
     

Owned Homes, Apartments and Condos

Average Household Size2.68
Median year structure was built1939
Median Value of occupied units$57,600
Median Price asked for vacant units$62,500

Rented Homes, Apartments and Condos

Average Household Size2.48
Median year structure was built1954

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage11.30%
Home Equity Loan5.20%
Simple Mortgage44.30%
Debt Free39.20%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.1%