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New City, NY Real Estate


According to census data in the year 2000 there were 11,217 housing units in New City. This represents a 5.5% growth from 10,628 in 1990.

Of those housing units, 11,217 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in New City is about 90.8%. New City's vacancy rate, including seasonal lodging, is about 1.2%. Average household size is 3.02 people.

The majority of houses, apartments or condos in New City were built after 1968.

Statistics

Housing Size

Housing Units by Size
Studio Type0.70%
One Bedroom5.60%
Two Bedrooms8.50%
Three Bedrooms27.50%
Four Bedrooms43.30%
Five Bedrooms or more14.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size3.09
Median year structure was built1969
Median Value of occupied units$272,100
Median Price asked for vacant units$218,800

Rented Homes, Apartments and Condos

Average Household Size2.31
Median year structure was built1966
Median Monthly Rent asked for vacant units$1,333

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage7.10%
Home Equity Loan11%
Simple Mortgage59%
Debt Free22.40%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs22.4%