New Lebanon, OH Real Estate
According to census data in the year 2000 there were 1,668 housing units in New Lebanon.
This represents a 3.2% growth from 1,617 in 1990.
Of those housing units, 1,660 were located in either urbanized areas or urban clusters, and 8 were located in what is classified as a rural area.
Homeownership rate in New Lebanon is about 72.8%.
New Lebanon's vacancy rate, including seasonal lodging, is about 4.8%.
Average household size is 2.57 people.
The majority of houses, apartments or condos in New Lebanon were built after 1965.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.50% |
| One Bedroom | 8.50% |
| Two Bedrooms | 23.40% |
| Three Bedrooms | 59.90% |
| Four Bedrooms | 7.70% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.79 |
| Median year structure was built | 1965 |
| Median Value of occupied units | $85,000 |
| Median Price asked for vacant units | $75,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.99 |
| Median year structure was built | 1964 |
| Median Monthly Rent asked for vacant units | $479 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.90% |
| Second Mortgage | 4.80% |
| Home Equity Loan | 14.60% |
| Simple Mortgage | 53% |
| Debt Free | 26.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.4% |
