New Market, IA Real Estate
According to census data in the year 2000 there were 224 housing units in New Market.
This represents a 6.7% decline from 240 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 224 were located in what is classified as a rural area.
Homeownership rate in New Market is about 79.1%.
New Market's vacancy rate, including seasonal lodging, is about 8%.
Average household size is 2.2 people.
The majority of houses, apartments or condos in New Market were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 8.90% |
| Two Bedrooms | 29% |
| Three Bedrooms | 47.80% |
| Four Bedrooms | 10.70% |
| Five Bedrooms or more | 3.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.24 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $37,800 |
| Median Price asked for vacant units | $47,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.07 |
| Median year structure was built | 1939 |
| Median Monthly Rent asked for vacant units | $225 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.20% |
| Home Equity Loan | 2.60% |
| Simple Mortgage | 47.10% |
| Debt Free | 45.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.9% |
