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Newport, AR Real Estate


According to census data in the year 2000 there were 3,104 housing units in Newport. This represents a 2.4% decline from 3,179 in 1990.

Of those housing units, 3,035 were located in either urbanized areas or urban clusters, and 69 were located in what is classified as a rural area.

Homeownership rate in Newport is about 56.9%. Newport's vacancy rate, including seasonal lodging, is about 13.2%. Average household size is 2.29 people.

The majority of houses, apartments or condos in Newport were built after 1967.

Statistics

Housing Size

Housing Units by Size
Studio Type0.90%
One Bedroom10.80%
Two Bedrooms34.60%
Three Bedrooms43.80%
Four Bedrooms8.50%
Five Bedrooms or more1.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.28
Median year structure was built1968
Median Value of occupied units$61,000
Median Price asked for vacant units$31,300

Rented Homes, Apartments and Condos

Average Household Size2.3
Median year structure was built1965
Median Monthly Rent asked for vacant units$287

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.50%
Home Equity Loan3.30%
Simple Mortgage49%
Debt Free41.20%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.1%