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Newtown, IN Real Estate


According to census data in the year 2000 there were 79 housing units in Newtown. This represents a 28.8% decline from 111 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 79 were located in what is classified as a rural area.

Homeownership rate in Newtown is about 86.4%. Newtown's vacancy rate, including seasonal lodging, is about 16.5%. Average household size is 2.52 people.

The majority of houses, apartments or condos in Newtown were built after 1951.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom7.60%
Two Bedrooms35.40%
Three Bedrooms35.40%
Four Bedrooms19%
Five Bedrooms or more2.50%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.44
Median year structure was built1948
Median Value of occupied units$57,500
Median Price asked for vacant units$57,500

Rented Homes, Apartments and Condos

Average Household Size3
Median year structure was built1955

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage11.80%
Home Equity Loan0%
Simple Mortgage33.30%
Debt Free54.90%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs12.7%