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.


Housing Size

Housing Units by Size
Studio Type1.50%
One Bedroom3%
Two Bedrooms32.80%
Three Bedrooms52.20%
Four Bedrooms6%
Five Bedrooms or more4.50%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size1.94
Median year structure was built1940
Median Value of occupied units$29,400
Median Price asked for vacant units$9,999

Rented Homes, Apartments and Condos

Average Household Size2
Median year structure was built1939

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan4.30%
Simple Mortgage15.20%
Debt Free80.40%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs11.5%