Newell, IA Real Estate
According to census data in the year 2000 there were 388 housing units in Newell.
This represents a 2.5% decline from 398 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 388 were located in what is classified as a rural area.
Homeownership rate in Newell is about 84%.
Newell's vacancy rate, including seasonal lodging, is about 6.4%.
Average household size is 2.32 people.
The majority of houses, apartments or condos in Newell were built after 1945.
|Housing Units by Size|
|Five Bedrooms or more||6.40%|
Owned Homes, Apartments and Condos
|Average Household Size||2.35|
|Median year structure was built||1942|
|Median Value of occupied units||$46,700|
|Median Price asked for vacant units||$12,500|
Rented Homes, Apartments and Condos
|Average Household Size||2.17|
|Median year structure was built||1954|
|Median Monthly Rent asked for vacant units||$265|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||5.80%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||16.1%|