New Market, VA Real Estate
According to census data in the year 2000 there were 799 housing units in New Market.
This represents a 15.1% growth from 694 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 799 were located in what is classified as a rural area.
Homeownership rate in New Market is about 55.9%.
New Market's vacancy rate, including seasonal lodging, is about 8%.
Average household size is 2.08 people.
The majority of houses, apartments or condos in New Market were built after 1975.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.40% |
| One Bedroom | 11.40% |
| Two Bedrooms | 36.90% |
| Three Bedrooms | 37.90% |
| Four Bedrooms | 7.60% |
| Five Bedrooms or more | 4.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.13 |
| Median year structure was built | 1975 |
| Median Value of occupied units | $117,000 |
| Median Price asked for vacant units | $92,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.02 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $415 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 6.20% |
| Home Equity Loan | 4.60% |
| Simple Mortgage | 43.50% |
| Debt Free | 45.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.6% |
