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Newburyport, MA Real Estate


According to census data in the year 2000 there were 7,913 housing units in Newburyport. This represents a 6.9% growth from 7,400 in 1990.

Of those housing units, 7,789 were located in either urbanized areas or urban clusters, and 124 were located in what is classified as a rural area.

Homeownership rate in Newburyport is about 66.7%. Newburyport's vacancy rate, including seasonal lodging, is about 4.8%. Average household size is 2.24 people.

The majority of houses, apartments or condos in Newburyport were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type2.40%
One Bedroom16.50%
Two Bedrooms29.30%
Three Bedrooms32.20%
Four Bedrooms18%
Five Bedrooms or more1.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.5
Median year structure was built1941
Median Value of occupied units$253,600
Median Price asked for vacant units$118,800

Rented Homes, Apartments and Condos

Average Household Size1.7
Median year structure was built1939
Median Monthly Rent asked for vacant units$861

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage4.80%
Home Equity Loan11.20%
Simple Mortgage56.80%
Debt Free26.90%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs20.2%