Newport, DE Real Estate
According to census data in the year 2000 there were 487 housing units in Newport.
This represents a 11.9% decline from 553 in 1990.
Of those housing units, 487 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Newport is about 40%.
Newport's vacancy rate, including seasonal lodging, is about 7.2%.
Average household size is 2.47 people.
The majority of houses, apartments or condos in Newport were built after 1956.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.40% |
| One Bedroom | 14.80% |
| Two Bedrooms | 42.50% |
| Three Bedrooms | 31.80% |
| Four Bedrooms | 10.50% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.49 |
| Median year structure was built | 1947 |
| Median Value of occupied units | $105,900 |
| Median Price asked for vacant units | $88,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.46 |
| Median year structure was built | 1964 |
| Median Monthly Rent asked for vacant units | $588 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 8% |
| Home Equity Loan | 14.20% |
| Simple Mortgage | 50% |
| Debt Free | 27.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.2% |
