New Madrid, MO Real Estate

According to census data in the year 2000 there were 1,421 housing units in New Madrid. This represents a 7.2% growth from 1,325 in 1990.

Of those housing units, 1,321 were located in either urbanized areas or urban clusters, and 100 were located in what is classified as a rural area.

Homeownership rate in New Madrid is about 62.3%. New Madrid's vacancy rate, including seasonal lodging, is about 10.1%. Average household size is 2.49 people.

The majority of houses, apartments or condos in New Madrid were built after 1972.


Housing Size

Housing Units by Size
Studio Type0.40%
One Bedroom11.30%
Two Bedrooms30.50%
Three Bedrooms47.40%
Four Bedrooms9.50%
Five Bedrooms or more0.80%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.5
Median year structure was built1973
Median Value of occupied units$57,400
Median Price asked for vacant units$41,300

Rented Homes, Apartments and Condos

Average Household Size2.46
Median year structure was built1971
Median Monthly Rent asked for vacant units$246

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.80%
Home Equity Loan5%
Simple Mortgage58.30%
Debt Free29.90%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs14.9%