Norway, SC Real Estate
According to census data in the year 2000 there were 180 housing units in Norway.
This represents a 20.8% growth from 149 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 180 were located in what is classified as a rural area.
Homeownership rate in Norway is about 73.2%.
Norway's vacancy rate, including seasonal lodging, is about 6.7%.
Average household size is 2.51 people.
The majority of houses, apartments or condos in Norway were built after 1964.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 4.40% |
| Two Bedrooms | 26.10% |
| Three Bedrooms | 42.20% |
| Four Bedrooms | 25% |
| Five Bedrooms or more | 2.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.59 |
| Median year structure was built | 1960 |
| Median Value of occupied units | $70,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.27 |
| Median year structure was built | 1972 |
| Median Monthly Rent asked for vacant units | $275 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 10.80% |
| Home Equity Loan | 12.70% |
| Simple Mortgage | 23.50% |
| Debt Free | 52.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.4% |
