New Town, ND Real Estate
According to census data in the year 2000 there were 519 housing units in New Town.
This represents a 6.1% decline from 553 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 519 were located in what is classified as a rural area.
Homeownership rate in New Town is about 57.8%.
New Town's vacancy rate, including seasonal lodging, is about 5%.
Average household size is 2.72 people.
The majority of houses, apartments or condos in New Town were built after 1971.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1% |
| One Bedroom | 18.70% |
| Two Bedrooms | 28.70% |
| Three Bedrooms | 34.50% |
| Four Bedrooms | 13.10% |
| Five Bedrooms or more | 4% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.95 |
| Median year structure was built | 1967 |
| Median Value of occupied units | $44,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.41 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $183 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 1% |
| Home Equity Loan | 0% |
| Simple Mortgage | 45.40% |
| Debt Free | 53.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16% |
