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Newland, NC Real Estate


According to census data in the year 2000 there were 362 housing units in Newland. This represents a 8.4% growth from 334 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 362 were located in what is classified as a rural area.

Homeownership rate in Newland is about 68.7%. Newland's vacancy rate, including seasonal lodging, is about 6.4%. Average household size is 2.15 people.

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

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom8.30%
Two Bedrooms41.40%
Three Bedrooms39.20%
Four Bedrooms8.60%
Five Bedrooms or more2.50%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.14
Median year structure was built1965
Median Value of occupied units$83,600
Median Price asked for vacant units$106,300

Rented Homes, Apartments and Condos

Average Household Size2.16
Median year structure was built1971
Median Monthly Rent asked for vacant units$350

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2%
Home Equity Loan9.90%
Simple Mortgage20.40%
Debt Free67.80%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs13.9%