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New Martinsville, WV Real Estate


According to census data in the year 2000 there were 2,708 housing units in New Martinsville. This represents a 2.4% decline from 2,776 in 1990.

Of those housing units, 2,708 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in New Martinsville is about 70.4%. New Martinsville's vacancy rate, including seasonal lodging, is about 7.9%. Average household size is 2.3 people.

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

Statistics

Housing Size

Housing Units by Size
Studio Type0.80%
One Bedroom8%
Two Bedrooms31.20%
Three Bedrooms43.80%
Four Bedrooms12.40%
Five Bedrooms or more3.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.51
Median year structure was built1965
Median Value of occupied units$84,100
Median Price asked for vacant units$55,800

Rented Homes, Apartments and Condos

Average Household Size1.81
Median year structure was built1972
Median Monthly Rent asked for vacant units$296

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.90%
Home Equity Loan7%
Simple Mortgage36.70%
Debt Free52.30%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs11.8%