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Nuevo, CA Real Estate


According to census data in the year 2000 there were 1,399 housing units in Nuevo. This represents a 30.9% growth from 1,069 in 1990.

Of those housing units, 1,272 were located in either urbanized areas or urban clusters, and 127 were located in what is classified as a rural area.

Homeownership rate in Nuevo is about 78.5%. Nuevo's vacancy rate, including seasonal lodging, is about 6.9%. Average household size is 3.01 people.

The majority of houses, apartments or condos in Nuevo were built after 1984.

Statistics

Housing Size

Housing Units by Size
Studio Type4.40%
One Bedroom6.80%
Two Bedrooms21.10%
Three Bedrooms47.10%
Four Bedrooms19%
Five Bedrooms or more1.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.7
Median year structure was built1985
Median Value of occupied units$158,400
Median Price asked for vacant units$146,900

Rented Homes, Apartments and Condos

Average Household Size4.13
Median year structure was built1978
Median Monthly Rent asked for vacant units$425

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage20.90%
Home Equity Loan5.40%
Simple Mortgage62.30%
Debt Free11.40%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs24.9%