Newburgh, IN Real Estate

According to census data in the year 2000 there were 1,474 housing units in Newburgh. This represents a 14.4% growth from 1,288 in 1990.

Of those housing units, 1,474 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Newburgh is about 73.3%. Newburgh's vacancy rate, including seasonal lodging, is about 5.5%. Average household size is 2.29 people.

The majority of houses, apartments or condos in Newburgh were built after 1965.


Housing Size

Housing Units by Size
Studio Type0.60%
One Bedroom12.60%
Two Bedrooms32.50%
Three Bedrooms35.50%
Four Bedrooms14.90%
Five Bedrooms or more3.90%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.45
Median year structure was built1962
Median Value of occupied units$99,600
Median Price asked for vacant units$172,500

Rented Homes, Apartments and Condos

Average Household Size1.83
Median year structure was built1971
Median Monthly Rent asked for vacant units$350

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.20%
Home Equity Loan13.10%
Simple Mortgage53.20%
Debt Free27.50%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16%