Newland, NC Real Estate
According to census data in the year 2000 there were 362 housing units in Newland.
This represents a 8.4% growth from 334 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 362 were located in what is classified as a rural area.
Homeownership rate in Newland is about 68.7%.
Newland's vacancy rate, including seasonal lodging, is about 6.4%.
Average household size is 2.15 people.
The majority of houses, apartments or condos in Newland were built after 1967.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 8.30% |
| Two Bedrooms | 41.40% |
| Three Bedrooms | 39.20% |
| Four Bedrooms | 8.60% |
| Five Bedrooms or more | 2.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.14 |
| Median year structure was built | 1965 |
| Median Value of occupied units | $83,600 |
| Median Price asked for vacant units | $106,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.16 |
| Median year structure was built | 1971 |
| Median Monthly Rent asked for vacant units | $350 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2% |
| Home Equity Loan | 9.90% |
| Simple Mortgage | 20.40% |
| Debt Free | 67.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.9% |
