New Market, MN Real Estate
According to census data in the year 2000 there were 121 housing units in New Market.
This represents a 37.5% growth from 88 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 121 were located in what is classified as a rural area.
Homeownership rate in New Market is about 94.1%.
New Market's vacancy rate, including seasonal lodging, is about 1.7%.
Average household size is 2.51 people.
The majority of houses, apartments or condos in New Market were built after 1973.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.70% |
| One Bedroom | 0% |
| Two Bedrooms | 24.80% |
| Three Bedrooms | 55.40% |
| Four Bedrooms | 16.50% |
| Five Bedrooms or more | 1.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.54 |
| Median year structure was built | 1976 |
| Median Value of occupied units | $122,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2 |
| Median year structure was built | 1943 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 10.80% |
| Home Equity Loan | 7.80% |
| Simple Mortgage | 53.90% |
| Debt Free | 27.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.5% |
