Novelty, MO Real Estate
According to census data in the year 2000 there were 67 housing units in Novelty.
This represents a 5.6% decline from 71 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 67 were located in what is classified as a rural area.
Homeownership rate in Novelty is about 94.7%.
Novelty's vacancy rate, including seasonal lodging, is about 14.9%.
Average household size is 1.95 people.
The majority of houses, apartments or condos in Novelty were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.50% |
| One Bedroom | 3% |
| Two Bedrooms | 32.80% |
| Three Bedrooms | 52.20% |
| Four Bedrooms | 6% |
| Five Bedrooms or more | 4.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 1.94 |
| Median year structure was built | 1940 |
| Median Value of occupied units | $29,400 |
| Median Price asked for vacant units | $9,999 |
Rented Homes, Apartments and Condos
| Average Household Size | 2 |
| Median year structure was built | 1939 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 4.30% |
| Simple Mortgage | 15.20% |
| Debt Free | 80.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 11.5% |
