Newport, ME Real Estate
According to census data in the year 2000 there were 889 housing units in Newport.
This represents a 0.5% growth from 885 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 889 were located in what is classified as a rural area.
Homeownership rate in Newport is about 64%.
Newport's vacancy rate, including seasonal lodging, is about 10.6%.
Average household size is 2.32 people.
The majority of houses, apartments or condos in Newport were built after 1962.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.80% |
| One Bedroom | 16.80% |
| Two Bedrooms | 34.90% |
| Three Bedrooms | 35% |
| Four Bedrooms | 11.10% |
| Five Bedrooms or more | 1.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.62 |
| Median year structure was built | 1955 |
| Median Value of occupied units | $79,700 |
| Median Price asked for vacant units | $69,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.79 |
| Median year structure was built | 1968 |
| Median Monthly Rent asked for vacant units | $346 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 10.20% |
| Simple Mortgage | 54.30% |
| Debt Free | 35.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.2% |
