Ellerbe, NC Real Estate
According to census data in the year 2000 there were 447 housing units in Ellerbe.
This represents a 7.6% decline from 484 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 447 were located in what is classified as a rural area.
Homeownership rate in Ellerbe is about 62.3%.
Ellerbe's vacancy rate, including seasonal lodging, is about 9.2%.
Average household size is 2.49 people.
The majority of houses, apartments or condos in Ellerbe were built after 1970.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 9.20% |
| Two Bedrooms | 31.10% |
| Three Bedrooms | 49.90% |
| Four Bedrooms | 7.80% |
| Five Bedrooms or more | 2% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.52 |
| Median year structure was built | 1962 |
| Median Value of occupied units | $58,800 |
| Median Price asked for vacant units | $20,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.43 |
| Median year structure was built | 1977 |
| Median Monthly Rent asked for vacant units | $292 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 1.10% |
| Home Equity Loan | 1.60% |
| Simple Mortgage | 41.50% |
| Debt Free | 55.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.9% |
