Raeford, NC Real Estate
According to census data in the year 2000 there were 1,405 housing units in Raeford.
This represents a 5.6% growth from 1,330 in 1990.
Of those housing units, 1,396 were located in either urbanized areas or urban clusters, and 9 were located in what is classified as a rural area.
Homeownership rate in Raeford is about 65.7%.
Raeford's vacancy rate, including seasonal lodging, is about 7.2%.
Average household size is 2.38 people.
The majority of houses, apartments or condos in Raeford were built after 1966.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.90% |
| One Bedroom | 8.40% |
| Two Bedrooms | 19.60% |
| Three Bedrooms | 54.10% |
| Four Bedrooms | 13.90% |
| Five Bedrooms or more | 3.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.34 |
| Median year structure was built | 1965 |
| Median Value of occupied units | $78,700 |
| Median Price asked for vacant units | $47,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.45 |
| Median year structure was built | 1968 |
| Median Monthly Rent asked for vacant units | $429 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.60% |
| Second Mortgage | 11.60% |
| Home Equity Loan | 7.30% |
| Simple Mortgage | 42.90% |
| Debt Free | 37.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.6% |
