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Raleigh, MS Real Estate


According to census data in the year 2000 there were 555 housing units in Raleigh. This represents a 12.1% growth from 495 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 555 were located in what is classified as a rural area.

Homeownership rate in Raleigh is about 77%. Raleigh's vacancy rate, including seasonal lodging, is about 13.2%. Average household size is 2.59 people.

The majority of houses, apartments or condos in Raleigh were built after 1973.

Statistics

Housing Size

Housing Units by Size
Studio Type2.70%
One Bedroom8.60%
Two Bedrooms25.80%
Three Bedrooms49.50%
Four Bedrooms10.80%
Five Bedrooms or more2.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.7
Median year structure was built1971
Median Value of occupied units$50,000
Median Price asked for vacant units$62,500

Rented Homes, Apartments and Condos

Average Household Size2.21
Median year structure was built1983
Median Monthly Rent asked for vacant units$175

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.10%
Home Equity Loan3.70%
Simple Mortgage38.60%
Debt Free52.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15%