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New Waterford, OH Real Estate


According to census data in the year 2000 there were 588 housing units in New Waterford. This represents a 15.3% growth from 510 in 1990.

Of those housing units, 575 were located in either urbanized areas or urban clusters, and 13 were located in what is classified as a rural area.

Homeownership rate in New Waterford is about 76.4%. New Waterford's vacancy rate, including seasonal lodging, is about 4.8%. Average household size is 2.4 people.

The majority of houses, apartments or condos in New Waterford were built after 1974.

Statistics

Housing Size

Housing Units by Size
Studio Type0.70%
One Bedroom8.20%
Two Bedrooms31.60%
Three Bedrooms47.30%
Four Bedrooms10.50%
Five Bedrooms or more1.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.37
Median year structure was built1975
Median Value of occupied units$92,200
Median Price asked for vacant units$75,000

Rented Homes, Apartments and Condos

Average Household Size2.5
Median year structure was built1971
Median Monthly Rent asked for vacant units$400

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage9%
Home Equity Loan12.70%
Simple Mortgage53%
Debt Free25.30%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.5%