Newark Valley, NY Real Estate
According to census data in the year 2000 there were 448 housing units in Newark Valley.
This represents a 1.3% decline from 454 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 448 were located in what is classified as a rural area.
Homeownership rate in Newark Valley is about 70.6%.
Newark Valley's vacancy rate, including seasonal lodging, is about 11.8%.
Average household size is 2.54 people.
The majority of houses, apartments or condos in Newark Valley were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.70% |
| One Bedroom | 8.30% |
| Two Bedrooms | 27.90% |
| Three Bedrooms | 36.80% |
| Four Bedrooms | 20.10% |
| Five Bedrooms or more | 6.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.68 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $68,400 |
| Median Price asked for vacant units | $75,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.18 |
| Median year structure was built | 1943 |
| Median Monthly Rent asked for vacant units | $371 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.10% |
| Home Equity Loan | 7.20% |
| Simple Mortgage | 41.60% |
| Debt Free | 47.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.4% |
