New Madison, OH Real Estate
According to census data in the year 2000 there were 366 housing units in New Madison.
This represents a 1.1% decline from 370 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 366 were located in what is classified as a rural area.
Homeownership rate in New Madison is about 81.3%.
New Madison's vacancy rate, including seasonal lodging, is about 4.9%.
Average household size is 2.38 people.
The majority of houses, apartments or condos in New Madison were built after 1945.
|Housing Units by Size|
|Five Bedrooms or more||3.60%|
Owned Homes, Apartments and Condos
|Average Household Size||2.44|
|Median year structure was built||1949|
|Median Value of occupied units||$76,500|
|Median Price asked for vacant units||$70,000|
Rented Homes, Apartments and Condos
|Average Household Size||2.11|
|Median year structure was built||1939|
|Median Monthly Rent asked for vacant units||$425|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||5.40%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||16.7%|