New London, OH Real Estate
According to census data in the year 2000 there were 1,107 housing units in New London.
This represents a 8.3% growth from 1,022 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 1,107 were located in what is classified as a rural area.
Homeownership rate in New London is about 68%.
New London's vacancy rate, including seasonal lodging, is about 6.5%.
Average household size is 2.58 people.
The majority of houses, apartments or condos in New London were built after 1957.
|Housing Units by Size|
|Five Bedrooms or more||2.40%|
Owned Homes, Apartments and Condos
|Average Household Size||2.83|
|Median year structure was built||1952|
|Median Value of occupied units||$79,800|
|Median Price asked for vacant units||$76,700|
Rented Homes, Apartments and Condos
|Average Household Size||2.06|
|Median year structure was built||1972|
|Median Monthly Rent asked for vacant units||$267|
Owners Finance Status
|Second Mortgage & Equity Loan||0.70%|
|Home Equity Loan||9%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||17.5%|