Newman, IL Real Estate

According to census data in the year 2000 there were 456 housing units in Newman. This represents a 4.3% growth from 437 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 456 were located in what is classified as a rural area.

Homeownership rate in Newman is about 73.2%. Newman's vacancy rate, including seasonal lodging, is about 10.1%. Average household size is 2.25 people.

The majority of houses, apartments or condos in Newman were built after 1942.


Housing Size

Housing Units by Size
Studio Type0.40%
One Bedroom8.10%
Two Bedrooms39.70%
Three Bedrooms39.70%
Four Bedrooms8.30%
Five Bedrooms or more3.70%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.27
Median year structure was built1939
Median Value of occupied units$42,200
Median Price asked for vacant units$62,500

Rented Homes, Apartments and Condos

Average Household Size2.21
Median year structure was built1947
Median Monthly Rent asked for vacant units$225

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.50%
Home Equity Loan3.20%
Simple Mortgage41.80%
Debt Free52.50%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs14%