Newton, AL Real Estate
According to census data in the year 2000 there were 809 housing units in Newton.
This represents a 28% growth from 632 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 809 were located in what is classified as a rural area.
Homeownership rate in Newton is about 76%.
Newton's vacancy rate, including seasonal lodging, is about 12%.
Average household size is 2.45 people.
The majority of houses, apartments or condos in Newton were built after 1973.
|Housing Units by Size|
|Five Bedrooms or more||1.70%|
Owned Homes, Apartments and Condos
|Average Household Size||2.6|
|Median year structure was built||1974|
|Median Value of occupied units||$60,700|
|Median Price asked for vacant units||$55,000|
Rented Homes, Apartments and Condos
|Average Household Size||1.98|
|Median year structure was built||1973|
|Median Monthly Rent asked for vacant units||$110|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||6.50%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||14.5%|