Newell, IA Real Estate
According to census data in the year 2000 there were 388 housing units in Newell.
This represents a 2.5% decline from 398 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 388 were located in what is classified as a rural area.
Homeownership rate in Newell is about 84%.
Newell's vacancy rate, including seasonal lodging, is about 6.4%.
Average household size is 2.32 people.
The majority of houses, apartments or condos in Newell were built after 1945.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 7.50% |
| Two Bedrooms | 28.90% |
| Three Bedrooms | 38.90% |
| Four Bedrooms | 18.30% |
| Five Bedrooms or more | 6.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.35 |
| Median year structure was built | 1942 |
| Median Value of occupied units | $46,700 |
| Median Price asked for vacant units | $12,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.17 |
| Median year structure was built | 1954 |
| Median Monthly Rent asked for vacant units | $265 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0.70% |
| Home Equity Loan | 5.80% |
| Simple Mortgage | 52.60% |
| Debt Free | 40.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.1% |
