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Newport, NY Real Estate


According to census data in the year 2000 there were 293 housing units in Newport. This represents a 11.8% growth from 262 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 293 were located in what is classified as a rural area.

Homeownership rate in Newport is about 65.5%. Newport's vacancy rate, including seasonal lodging, is about 9.9%. Average household size is 2.48 people.

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

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom17.70%
Two Bedrooms20.50%
Three Bedrooms31.40%
Four Bedrooms22.20%
Five Bedrooms or more8.20%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.87
Median year structure was built1939
Median Value of occupied units$70,600
Median Price asked for vacant units$65,000

Rented Homes, Apartments and Condos

Average Household Size1.73
Median year structure was built1951
Median Monthly Rent asked for vacant units$404

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.20%
Home Equity Loan11.70%
Simple Mortgage39%
Debt Free44.20%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16%