Reidsville, NC Real Estate
According to census data in the year 2000 there were 6,505 housing units in Reidsville.
This represents a 21.2% growth from 5,369 in 1990.
Of those housing units, 6,258 were located in either urbanized areas or urban clusters, and 247 were located in what is classified as a rural area.
Homeownership rate in Reidsville is about 58%.
Reidsville's vacancy rate, including seasonal lodging, is about 7.5%.
Average household size is 2.31 people.
The majority of houses, apartments or condos in Reidsville were built after 1961.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.80% |
| One Bedroom | 9% |
| Two Bedrooms | 36.90% |
| Three Bedrooms | 41.20% |
| Four Bedrooms | 10.30% |
| Five Bedrooms or more | 1.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.42 |
| Median year structure was built | 1959 |
| Median Value of occupied units | $78,400 |
| Median Price asked for vacant units | $73,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.16 |
| Median year structure was built | 1964 |
| Median Monthly Rent asked for vacant units | $347 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.20% |
| Home Equity Loan | 14.20% |
| Simple Mortgage | 39% |
| Debt Free | 41.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.1% |
