Home

Granite Falls, NC Real Estate


According to census data in the year 2000 there were 1,818 housing units in Granite Falls. This represents a 33.1% growth from 1,366 in 1990.

Of those housing units, 1,700 were located in either urbanized areas or urban clusters, and 118 were located in what is classified as a rural area.

Homeownership rate in Granite Falls is about 64.9%. Granite Falls's vacancy rate, including seasonal lodging, is about 4.7%. Average household size is 2.55 people.

The majority of houses, apartments or condos in Granite Falls were built after 1975.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom7.60%
Two Bedrooms38.30%
Three Bedrooms44.80%
Four Bedrooms6.30%
Five Bedrooms or more3%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.66
Median year structure was built1974
Median Value of occupied units$94,500
Median Price asked for vacant units$112,500

Rented Homes, Apartments and Condos

Average Household Size2.35
Median year structure was built1976
Median Monthly Rent asked for vacant units$328

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.90%
Home Equity Loan20.60%
Simple Mortgage43.30%
Debt Free33.20%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18%