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 Units by Size|
|Five Bedrooms or more||0.80%|
Owned Homes, Apartments and Condos
|Average Household Size||2.5|
|Median year structure was built||1973|
|Median Value of occupied units||$57,400|
|Median Price asked for vacant units||$41,300|
Rented Homes, Apartments and Condos
|Average Household Size||2.46|
|Median year structure was built||1971|
|Median Monthly Rent asked for vacant units||$246|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||5%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||14.9%|