New Market, TN Real Estate
According to census data in the year 2000 there were 507 housing units in New Market.
This represents a 23.1% growth from 412 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 507 were located in what is classified as a rural area.
Homeownership rate in New Market is about 88%.
New Market's vacancy rate, including seasonal lodging, is about 7.7%.
Average household size is 2.65 people.
The majority of houses, apartments or condos in New Market were built after 1971.
|Housing Units by Size|
|Five Bedrooms or more||3.70%|
Owned Homes, Apartments and Condos
|Average Household Size||2.67|
|Median year structure was built||1972|
|Median Value of occupied units||$80,400|
|Median Price asked for vacant units||$55,000|
Rented Homes, Apartments and Condos
|Average Household Size||2.5|
|Median year structure was built||1962|
|Median Monthly Rent asked for vacant units||$125|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||5.50%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||17%|