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China Grove, NC Real Estate


According to census data in the year 2000 there were 1,530 housing units in China Grove. This represents a 31.6% growth from 1,163 in 1990.

Of those housing units, 1,521 were located in either urbanized areas or urban clusters, and 9 were located in what is classified as a rural area.

Homeownership rate in China Grove is about 71.2%. China Grove's vacancy rate, including seasonal lodging, is about 7.6%. Average household size is 2.59 people.

The majority of houses, apartments or condos in China Grove were built after 1967.

Statistics

Housing Size

Housing Units by Size
Studio Type4.60%
One Bedroom4.10%
Two Bedrooms46.60%
Three Bedrooms34.60%
Four Bedrooms8.10%
Five Bedrooms or more2%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.53
Median year structure was built1964
Median Value of occupied units$83,600
Median Price asked for vacant units$80,500

Rented Homes, Apartments and Condos

Average Household Size2.74
Median year structure was built1974
Median Monthly Rent asked for vacant units$375

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage10.60%
Home Equity Loan12.40%
Simple Mortgage47%
Debt Free30.10%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18.5%