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New Salem, PA Real Estate


According to census data in the year 2000 there were 271 housing units in New Salem. This represents a 5.4% growth from 257 in 1990.

Of those housing units, 271 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in New Salem is about 88.4%. New Salem's vacancy rate, including seasonal lodging, is about 4.4%. Average household size is 2.5 people.

The majority of houses, apartments or condos in New Salem were built after 1971.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom4.80%
Two Bedrooms18.10%
Three Bedrooms49.80%
Four Bedrooms24.40%
Five Bedrooms or more3%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.6
Median year structure was built1972
Median Value of occupied units$118,000
Median Price asked for vacant units$162,500

Rented Homes, Apartments and Condos

Average Household Size1.77
Median year structure was built1939
Median Monthly Rent asked for vacant units$475

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan2.50%
Second Mortgage3%
Home Equity Loan10%
Simple Mortgage52.20%
Debt Free32.30%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs18.3%