New Auburn, MN Real Estate
According to census data in the year 2000 there were 172 housing units in New Auburn.
This represents a 22% growth from 141 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 172 were located in what is classified as a rural area.
Homeownership rate in New Auburn is about 82%.
New Auburn's vacancy rate, including seasonal lodging, is about 6.4%.
Average household size is 2.85 people.
The majority of houses, apartments or condos in New Auburn were built after 1954.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 4.70% |
| Two Bedrooms | 36% |
| Three Bedrooms | 39.50% |
| Four Bedrooms | 16.30% |
| Five Bedrooms or more | 3.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.89 |
| Median year structure was built | 1951 |
| Median Value of occupied units | $53,500 |
| Median Price asked for vacant units | $38,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.69 |
| Median year structure was built | 1985 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 11.40% |
| Home Equity Loan | 4.80% |
| Simple Mortgage | 46.70% |
| Debt Free | 37.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.4% |
