Montreat, NC Real Estate
According to census data in the year 2000 there were 592 housing units in Montreat.
This represents a 14.7% growth from 516 in 1990.
Of those housing units, 276 were located in either urbanized areas or urban clusters, and 316 were located in what is classified as a rural area.
Homeownership rate in Montreat is about 79.6%.
Montreat's vacancy rate, including seasonal lodging, is about 65.2%.
Average household size is 2 people.
The majority of houses, apartments or condos in Montreat were built after 1959.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 4.90% |
| Two Bedrooms | 13.70% |
| Three Bedrooms | 32.30% |
| Four Bedrooms | 29.40% |
| Five Bedrooms or more | 19.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 1.93 |
| Median year structure was built | 1963 |
| Median Value of occupied units | $218,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.26 |
| Median year structure was built | 1951 |
| Median Monthly Rent asked for vacant units | $442 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 1.40% |
| Simple Mortgage | 34% |
| Debt Free | 64.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.3% |
