Versailles, IN Real Estate

According to census data in the year 2000 there were 807 housing units in Versailles. This represents a 0.7% decline from 813 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 807 were located in what is classified as a rural area.

Homeownership rate in Versailles is about 68.8%. Versailles's vacancy rate, including seasonal lodging, is about 8.3%. Average household size is 2.37 people.

The majority of houses, apartments or condos in Versailles were built after 1966.


Housing Size

Housing Units by Size
Studio Type1.40%
One Bedroom11.50%
Two Bedrooms29%
Three Bedrooms49.40%
Four Bedrooms7.80%
Five Bedrooms or more0.90%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.48
Median year structure was built1969
Median Value of occupied units$81,800
Median Price asked for vacant units$60,000

Rented Homes, Apartments and Condos

Average Household Size2.13
Median year structure was built1956
Median Monthly Rent asked for vacant units$321

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1.40%
Second Mortgage6.30%
Home Equity Loan7.70%
Simple Mortgage52.90%
Debt Free31.70%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16.9%