New Market, MD Real Estate
According to census data in the year 2000 there were 171 housing units in New Market.
This represents a 30.5% growth from 131 in 1990.
Of those housing units, 171 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in New Market is about 73.2%.
New Market's vacancy rate, including seasonal lodging, is about 1.8%.
Average household size is 2.71 people.
The majority of houses, apartments or condos in New Market were built after 1981.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 3.50% |
| One Bedroom | 2.30% |
| Two Bedrooms | 23.40% |
| Three Bedrooms | 45.60% |
| Four Bedrooms | 22.20% |
| Five Bedrooms or more | 2.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.15 |
| Median year structure was built | 1982 |
| Median Value of occupied units | $151,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.51 |
| Median year structure was built | 1939 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 8.90% |
| Home Equity Loan | 21.80% |
| Simple Mortgage | 54.50% |
| Debt Free | 14.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.6% |
