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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 Type1.80%
One Bedroom19.10%
Two Bedrooms29.30%
Three Bedrooms33.20%
Four Bedrooms12.50%
Five Bedrooms or more4%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.33
Median year structure was built1954
Median Value of occupied units$77,700
Median Price asked for vacant units$65,000

Rented Homes, Apartments and Condos

Average Household Size2.08
Median year structure was built1939
Median Monthly Rent asked for vacant units$374

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.30%
Home Equity Loan4.50%
Simple Mortgage54.70%
Debt Free37.40%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs19.7%