Southern Shores, NC Real Estate
According to census data in the year 2000 there were 1,932 housing units in Southern Shores.
This represents a 33.1% growth from 1,452 in 1990.
Of those housing units, 1,404 were located in either urbanized areas or urban clusters, and 528 were located in what is classified as a rural area.
Homeownership rate in Southern Shores is about 92%.
Southern Shores's vacancy rate, including seasonal lodging, is about 51%.
Average household size is 2.33 people.
The majority of houses, apartments or condos in Southern Shores were built after 1987.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 0.90% |
| Two Bedrooms | 6.20% |
| Three Bedrooms | 42.90% |
| Four Bedrooms | 41.90% |
| Five Bedrooms or more | 8.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.34 |
| Median year structure was built | 1987 |
| Median Value of occupied units | $221,500 |
| Median Price asked for vacant units | $225,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.2 |
| Median year structure was built | 1981 |
| Median Monthly Rent asked for vacant units | $875 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6% |
| Home Equity Loan | 13.50% |
| Simple Mortgage | 48% |
| Debt Free | 32.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.4% |
