Newberg, OR Real Estate
According to census data in the year 2000 there were 6,427 housing units in Newberg.
This represents a 37.5% growth from 4,673 in 1990.
Of those housing units, 6,418 were located in either urbanized areas or urban clusters, and 9 were located in what is classified as a rural area.
Homeownership rate in Newberg is about 61.9%.
Newberg's vacancy rate, including seasonal lodging, is about 5.2%.
Average household size is 2.77 people.
The majority of houses, apartments or condos in Newberg were built after 1978.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.10% |
| One Bedroom | 9.50% |
| Two Bedrooms | 29% |
| Three Bedrooms | 48.90% |
| Four Bedrooms | 8.50% |
| Five Bedrooms or more | 2.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.75 |
| Median year structure was built | 1978 |
| Median Value of occupied units | $141,500 |
| Median Price asked for vacant units | $137,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.79 |
| Median year structure was built | 1979 |
| Median Monthly Rent asked for vacant units | $576 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.70% |
| Second Mortgage | 14.90% |
| Home Equity Loan | 12.60% |
| Simple Mortgage | 53.50% |
| Debt Free | 18.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 22.8% |
