Newport, VT Real Estate
According to census data in the year 2000 there were 2,319 housing units in Newport.
This represents a 9% growth from 2,128 in 1990.
Of those housing units, 2,252 were located in either urbanized areas or urban clusters, and 67 were located in what is classified as a rural area.
Homeownership rate in Newport is about 51.2%.
Newport's vacancy rate, including seasonal lodging, is about 10.8%.
Average household size is 2.21 people.
The majority of houses, apartments or condos in Newport were built after 1942.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.80% |
| One Bedroom | 19.10% |
| Two Bedrooms | 29.30% |
| Three Bedrooms | 33.20% |
| Four Bedrooms | 12.50% |
| Five Bedrooms or more | 4% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.33 |
| Median year structure was built | 1954 |
| Median Value of occupied units | $77,700 |
| Median Price asked for vacant units | $65,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.08 |
| Median year structure was built | 1939 |
| Median Monthly Rent asked for vacant units | $374 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.30% |
| Home Equity Loan | 4.50% |
| Simple Mortgage | 54.70% |
| Debt Free | 37.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.7% |
