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Elkhart Mortgage Quotes And Real Estate


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Elkhart Mortgage and Real Estate Facts

Overview

Elkhart has 20,167 housing units, combining houses, condominiums, and apartments. About 54% of housing units in the city are owner-occupied.

Elkhart Mortgage

About 71% of owner-occupied housing units in Elkhart have a mortgage of one type or another. Approximately 18% of housing units in the city carry a second mortgage or home equity loan.

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Elkhart Mortgage Statistics

CategoryValue
Homes With No Mortgage29%
With A Mortgage71%
First Mortgage Only54%
Second Mortgage or Home Equity Loan18%
Second Mortgage Only9%
Home Equity Loan Only9%

Elkhart Housing Expenses

CategoryValue
Owner Costs as % of Income16.3%
Median Real Estate Taxes (2000)$632

Elkhart Household Size

CategoryValue
Total Occupied20,167
1-Person Households31%
2-Person Households30%
3-Person Households15%
4-Person Households13%
5-Person Households7%
6-Person Households3%
7+-Person Households2%

Elkhart Housing Stock

CategoryValue
Median Year Built1960
Median Year Built (Owner Occupied)1953
Median Year Built (Renter Occupied)1968

Elkhart Home Heating

CategoryValue
Using Utility Co. Gas Heat93%
Using Bottled/Tank Gas Heat1%
Using Electric Heat6%
Using Oil Heat0%
Using Coal0%
Using Wood Heating0%
Using Solar Heat0%
Other Heating0%
No Heating0%

Elkhart Housing Size

CategoryValue
No Bedrooms0%
1 Bedroom4%
2 Bedrooms29%
3 Bedrooms49%
4 Bedrooms14%
5+ Bedrooms3%

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