New Martinsville, WV Real Estate
According to census data in the year 2000 there were 2,708 housing units in New Martinsville.
This represents a 2.4% decline from 2,776 in 1990.
Of those housing units, 2,708 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 Martinsville is about 70.4%.
New Martinsville's vacancy rate, including seasonal lodging, is about 7.9%.
Average household size is 2.3 people.
The majority of houses, apartments or condos in New Martinsville were built after 1967.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.80% |
| One Bedroom | 8% |
| Two Bedrooms | 31.20% |
| Three Bedrooms | 43.80% |
| Four Bedrooms | 12.40% |
| Five Bedrooms or more | 3.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.51 |
| Median year structure was built | 1965 |
| Median Value of occupied units | $84,100 |
| Median Price asked for vacant units | $55,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.81 |
| Median year structure was built | 1972 |
| Median Monthly Rent asked for vacant units | $296 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.90% |
| Home Equity Loan | 7% |
| Simple Mortgage | 36.70% |
| Debt Free | 52.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 11.8% |
