New Lexington, OH Real Estate
According to census data in the year 2000 there were 1,986 housing units in New Lexington.
This represents a 3% decline from 2,047 in 1990.
Of those housing units, 1,911 were located in either urbanized areas or urban clusters, and 75 were located in what is classified as a rural area.
Homeownership rate in New Lexington is about 61.7%.
New Lexington's vacancy rate, including seasonal lodging, is about 7.4%.
Average household size is 2.5 people.
The majority of houses, apartments or condos in New Lexington were built after 1953.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.90% |
| One Bedroom | 10.50% |
| Two Bedrooms | 35.60% |
| Three Bedrooms | 40.90% |
| Four Bedrooms | 10.70% |
| Five Bedrooms or more | 1.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.65 |
| Median year structure was built | 1945 |
| Median Value of occupied units | $68,800 |
| Median Price asked for vacant units | $71,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.24 |
| Median year structure was built | 1965 |
| Median Monthly Rent asked for vacant units | $294 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.50% |
| Home Equity Loan | 5.70% |
| Simple Mortgage | 44.30% |
| Debt Free | 43.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.9% |
