New Salem, IL Real Estate

According to census data in the year 2000 there were 74 housing units in New Salem. This represents a 12.1% growth from 66 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 74 were located in what is classified as a rural area.

Homeownership rate in New Salem is about 64.4%. New Salem's vacancy rate, including seasonal lodging, is about 20.3%. Average household size is 2.46 people.

The majority of houses, apartments or condos in New Salem were built after 1939.


Housing Size

Housing Units by Size
Studio Type4.10%
One Bedroom6.80%
Two Bedrooms24.30%
Three Bedrooms51.40%
Four Bedrooms10.80%
Five Bedrooms or more2.70%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.13
Median year structure was built1939
Median Value of occupied units$32,500
Median Price asked for vacant units$17,500

Rented Homes, Apartments and Condos

Average Household Size3.05
Median year structure was built1942
Median Monthly Rent asked for vacant units$275

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan0%
Simple Mortgage43.80%
Debt Free56.30%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs17.5%