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New Virginia, IA Real Estate


According to census data in the year 2000 there were 198 housing units in New Virginia. This represents a 6.5% growth from 186 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 198 were located in what is classified as a rural area.

Homeownership rate in New Virginia is about 80.8%. New Virginia's vacancy rate, including seasonal lodging, is about 2.5%. Average household size is 2.48 people.

The majority of houses, apartments or condos in New Virginia were built after 1961.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom8.10%
Two Bedrooms35.40%
Three Bedrooms50%
Four Bedrooms4.50%
Five Bedrooms or more2%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.52
Median year structure was built1953
Median Value of occupied units$74,800
Median Price asked for vacant units$26,300

Rented Homes, Apartments and Condos

Average Household Size2.32
Median year structure was built1969

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.10%
Home Equity Loan4.10%
Simple Mortgage51.40%
Debt Free38.50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15%