New Sharon, IA Real Estate
According to census data in the year 2000 there were 568 housing units in New Sharon.
This represents a 4.4% growth from 544 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 568 were located in what is classified as a rural area.
Homeownership rate in New Sharon is about 73.8%.
New Sharon's vacancy rate, including seasonal lodging, is about 6.5%.
Average household size is 2.24 people.
The majority of houses, apartments or condos in New Sharon were built after 1959.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.50% |
| One Bedroom | 11.60% |
| Two Bedrooms | 35.20% |
| Three Bedrooms | 41.40% |
| Four Bedrooms | 10.60% |
| Five Bedrooms or more | 0.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.31 |
| Median year structure was built | 1958 |
| Median Value of occupied units | $66,000 |
| Median Price asked for vacant units | $32,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.04 |
| Median year structure was built | 1960 |
| Median Monthly Rent asked for vacant units | $208 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.90% |
| Home Equity Loan | 5.70% |
| Simple Mortgage | 46.30% |
| Debt Free | 45.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.3% |
