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New Bedford, IL Real Estate


According to census data in the year 2000 there were 43 housing units in New Bedford. This represents a 65.4% growth from 26 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 43 were located in what is classified as a rural area.

Homeownership rate in New Bedford is about 92.9%. New Bedford's vacancy rate, including seasonal lodging, is about 2.3%. Average household size is 2.17 people.

The majority of houses, apartments or condos in New Bedford were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom0%
Two Bedrooms37.20%
Three Bedrooms51.20%
Four Bedrooms11.60%
Five Bedrooms or more0%
As % of Housing Units
     

Owned Homes, Apartments and Condos

Average Household Size2.08
Median year structure was built1939
Median Value of occupied units$60,700
Median Price asked for vacant units$55,000

Rented Homes, Apartments and Condos

Average Household Size3.33
Median year structure was built1939

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan5.40%
Simple Mortgage35.10%
Debt Free59.50%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs13.4%