Louisburg, NC Real Estate
According to census data in the year 2000 there were 1,244 housing units in Louisburg.
This represents a 16.9% growth from 1,064 in 1990.
Of those housing units, 1,186 were located in either urbanized areas or urban clusters, and 58 were located in what is classified as a rural area.
Homeownership rate in Louisburg is about 49.5%.
Louisburg's vacancy rate, including seasonal lodging, is about 10.8%.
Average household size is 2.2 people.
The majority of houses, apartments or condos in Louisburg were built after 1968.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.40% |
| One Bedroom | 18.20% |
| Two Bedrooms | 27.90% |
| Three Bedrooms | 41.20% |
| Four Bedrooms | 9.10% |
| Five Bedrooms or more | 3.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.26 |
| Median year structure was built | 1960 |
| Median Value of occupied units | $92,500 |
| Median Price asked for vacant units | $106,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.15 |
| Median year structure was built | 1978 |
| Median Monthly Rent asked for vacant units | $435 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.40% |
| Home Equity Loan | 11.20% |
| Simple Mortgage | 36.80% |
| Debt Free | 45.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.5% |
