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Simonton Lake, IN Real Estate


According to census data in the year 2000 there were 1,577 housing units in Simonton Lake. This represents a 17.7% growth from 1,340 in 1990.

Of those housing units, 1,577 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Simonton Lake is about 86.9%. Simonton Lake's vacancy rate, including seasonal lodging, is about 4.5%. Average household size is 2.65 people.

The majority of houses, apartments or condos in Simonton Lake were built after 1972.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom4%
Two Bedrooms19.60%
Three Bedrooms50.70%
Four Bedrooms23.10%
Five Bedrooms or more2.50%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.71
Median year structure was built1973
Median Value of occupied units$112,900
Median Price asked for vacant units$85,000

Rented Homes, Apartments and Condos

Average Household Size2.25
Median year structure was built1969

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.90%
Second Mortgage6.50%
Home Equity Loan12.50%
Simple Mortgage49.70%
Debt Free30.30%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs14.8%