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Salisbury, NC Real Estate


According to census data in the year 2000 there were 11,382 housing units in Salisbury. This represents a 14.9% growth from 9,906 in 1990.

Of those housing units, 11,280 were located in either urbanized areas or urban clusters, and 102 were located in what is classified as a rural area.

Homeownership rate in Salisbury is about 53.9%. Salisbury's vacancy rate, including seasonal lodging, is about 9%. Average household size is 2.29 people.

The majority of houses, apartments or condos in Salisbury were built after 1964.

Statistics

Housing Size

Housing Units by Size
Studio Type1.50%
One Bedroom12.50%
Two Bedrooms36.70%
Three Bedrooms34.70%
Four Bedrooms12.10%
Five Bedrooms or more2.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.25
Median year structure was built1960
Median Value of occupied units$93,800
Median Price asked for vacant units$75,000

Rented Homes, Apartments and Condos

Average Household Size2.33
Median year structure was built1967
Median Monthly Rent asked for vacant units$473

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.80%
Second Mortgage6.70%
Home Equity Loan11%
Simple Mortgage40%
Debt Free41.60%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs17.6%