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Newfane, VT Real Estate


According to census data in the year 2000 there were 69 housing units in Newfane. This represents a 25% decline from 92 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 69 were located in what is classified as a rural area.

Homeownership rate in Newfane is about 71.4%. Newfane's vacancy rate, including seasonal lodging, is about 8.7%. Average household size is 2.13 people.

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

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom8.70%
Two Bedrooms31.90%
Three Bedrooms21.70%
Four Bedrooms13%
Five Bedrooms or more24.60%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.44
Median year structure was built1939
Median Value of occupied units$112,500

Rented Homes, Apartments and Condos

Average Household Size1.33
Median year structure was built1939
Median Monthly Rent asked for vacant units$525

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan13.60%
Simple Mortgage27.30%
Debt Free59.10%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs27.5%