Shoals, IN Real Estate

According to census data in the year 2000 there were 428 housing units in Shoals. This represents a 0.7% growth from 425 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 428 were located in what is classified as a rural area.

Homeownership rate in Shoals is about 69.2%. Shoals's vacancy rate, including seasonal lodging, is about 9.8%. Average household size is 1.94 people.

The majority of houses, apartments or condos in Shoals were built after 1965.


Housing Size

Housing Units by Size
Studio Type0%
One Bedroom15.20%
Two Bedrooms43%
Three Bedrooms35.30%
Four Bedrooms4.40%
Five Bedrooms or more2.10%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.18
Median year structure was built1959
Median Value of occupied units$59,500

Rented Homes, Apartments and Condos

Average Household Size1.41
Median year structure was built1974
Median Monthly Rent asked for vacant units$475

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.10%
Home Equity Loan0%
Simple Mortgage30.50%
Debt Free64.40%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs13.8%