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Newport, NC Real Estate


According to census data in the year 2000 there were 1,257 housing units in Newport. This represents a 36.6% growth from 920 in 1990.

Of those housing units, 1,120 were located in either urbanized areas or urban clusters, and 137 were located in what is classified as a rural area.

Homeownership rate in Newport is about 71.3%. Newport's vacancy rate, including seasonal lodging, is about 9.5%. Average household size is 2.57 people.

The majority of houses, apartments or condos in Newport were built after 1977.

Statistics

Housing Size

Housing Units by Size
Studio Type0.30%
One Bedroom6%
Two Bedrooms21.20%
Three Bedrooms60%
Four Bedrooms10.50%
Five Bedrooms or more2%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.58
Median year structure was built1979
Median Value of occupied units$87,600
Median Price asked for vacant units$96,400

Rented Homes, Apartments and Condos

Average Household Size2.55
Median year structure was built1974
Median Monthly Rent asked for vacant units$300

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage8.10%
Home Equity Loan5.50%
Simple Mortgage62.60%
Debt Free23.90%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs19.8%