Newfolden, MN Real Estate
According to census data in the year 2000 there were 177 housing units in Newfolden.
This represents a 3.5% growth from 171 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 177 were located in what is classified as a rural area.
Homeownership rate in Newfolden is about 71.4%.
Newfolden's vacancy rate, including seasonal lodging, is about 9%.
Average household size is 2.29 people.
The majority of houses, apartments or condos in Newfolden were built after 1956.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.10% |
| One Bedroom | 13.60% |
| Two Bedrooms | 31.10% |
| Three Bedrooms | 36.20% |
| Four Bedrooms | 14.70% |
| Five Bedrooms or more | 3.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.36 |
| Median year structure was built | 1945 |
| Median Value of occupied units | $37,900 |
| Median Price asked for vacant units | $27,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.11 |
| Median year structure was built | 1972 |
| Median Monthly Rent asked for vacant units | $375 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.10% |
| Home Equity Loan | 0% |
| Simple Mortgage | 42.70% |
| Debt Free | 55.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.1% |
