Newport, OR Real Estate
According to census data in the year 2000 there were 5,019 housing units in Newport.
This represents a 22.3% growth from 4,105 in 1990.
Of those housing units, 4,713 were located in either urbanized areas or urban clusters, and 306 were located in what is classified as a rural area.
Homeownership rate in Newport is about 51.4%.
Newport's vacancy rate, including seasonal lodging, is about 17.9%.
Average household size is 2.23 people.
The majority of houses, apartments or condos in Newport were built after 1973.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 4.70% |
| One Bedroom | 14% |
| Two Bedrooms | 38.10% |
| Three Bedrooms | 34.70% |
| Four Bedrooms | 6.30% |
| Five Bedrooms or more | 2.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.15 |
| Median year structure was built | 1975 |
| Median Value of occupied units | $148,700 |
| Median Price asked for vacant units | $99,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.33 |
| Median year structure was built | 1971 |
| Median Monthly Rent asked for vacant units | $552 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.50% |
| Home Equity Loan | 6.20% |
| Simple Mortgage | 50.30% |
| Debt Free | 37.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.7% |
