Cherryville, NC Real Estate
According to census data in the year 2000 there were 2,376 housing units in Cherryville.
This represents a 14.3% growth from 2,079 in 1990.
Of those housing units, 2,297 were located in either urbanized areas or urban clusters, and 79 were located in what is classified as a rural area.
Homeownership rate in Cherryville is about 73%.
Cherryville's vacancy rate, including seasonal lodging, is about 9%.
Average household size is 2.25 people.
The majority of houses, apartments or condos in Cherryville were built after 1965.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1% |
| One Bedroom | 7.50% |
| Two Bedrooms | 37.20% |
| Three Bedrooms | 47% |
| Four Bedrooms | 5.80% |
| Five Bedrooms or more | 1.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.37 |
| Median year structure was built | 1965 |
| Median Value of occupied units | $80,800 |
| Median Price asked for vacant units | $59,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.92 |
| Median year structure was built | 1966 |
| Median Monthly Rent asked for vacant units | $375 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1.20% |
| Second Mortgage | 6.80% |
| Home Equity Loan | 13.90% |
| Simple Mortgage | 33.70% |
| Debt Free | 44.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.9% |
