Newport, AR Real Estate
According to census data in the year 2000 there were 3,104 housing units in Newport.
This represents a 2.4% decline from 3,179 in 1990.
Of those housing units, 3,035 were located in either urbanized areas or urban clusters, and 69 were located in what is classified as a rural area.
Homeownership rate in Newport is about 56.9%.
Newport's vacancy rate, including seasonal lodging, is about 13.2%.
Average household size is 2.29 people.
The majority of houses, apartments or condos in Newport were built after 1967.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.90% |
| One Bedroom | 10.80% |
| Two Bedrooms | 34.60% |
| Three Bedrooms | 43.80% |
| Four Bedrooms | 8.50% |
| Five Bedrooms or more | 1.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.28 |
| Median year structure was built | 1968 |
| Median Value of occupied units | $61,000 |
| Median Price asked for vacant units | $31,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.3 |
| Median year structure was built | 1965 |
| Median Monthly Rent asked for vacant units | $287 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.50% |
| Home Equity Loan | 3.30% |
| Simple Mortgage | 49% |
| Debt Free | 41.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.1% |
