New Market, IN Real Estate
According to census data in the year 2000 there were 285 housing units in New Market.
This represents a 13.5% growth from 251 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 285 were located in what is classified as a rural area.
Homeownership rate in New Market is about 77.5%.
New Market's vacancy rate, including seasonal lodging, is about 15.8%.
Average household size is 2.7 people.
The majority of houses, apartments or condos in New Market were built after 1953.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 2.80% |
| Two Bedrooms | 24.90% |
| Three Bedrooms | 62.10% |
| Four Bedrooms | 8.40% |
| Five Bedrooms or more | 1.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.62 |
| Median year structure was built | 1952 |
| Median Value of occupied units | $75,700 |
| Median Price asked for vacant units | $85,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 3 |
| Median year structure was built | 1958 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 9.90% |
| Home Equity Loan | 13.20% |
| Simple Mortgage | 43.40% |
| Debt Free | 33.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.9% |
