Newell, WV Real Estate
According to census data in the year 2000 there were 705 housing units in Newell.
This represents a 8.9% decline from 774 in 1990.
Of those housing units, 689 were located in either urbanized areas or urban clusters, and 16 were located in what is classified as a rural area.
Homeownership rate in Newell is about 74.9%.
Newell's vacancy rate, including seasonal lodging, is about 12.3%.
Average household size is 2.65 people.
The majority of houses, apartments or condos in Newell were built after 1941.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 6.20% |
| Two Bedrooms | 51.90% |
| Three Bedrooms | 32.30% |
| Four Bedrooms | 9.50% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.46 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $45,700 |
| Median Price asked for vacant units | $17,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.19 |
| Median year structure was built | 1952 |
| Median Monthly Rent asked for vacant units | $320 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 4.50% |
| Simple Mortgage | 40.60% |
| Debt Free | 55% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 11.3% |
