Alamance, NC Real Estate
According to census data in the year 2000 there were 164 housing units in Alamance.
This represents a 33.3% growth from 123 in 1990.
Of those housing units, 8 were located in either urbanized areas or urban clusters, and 156 were located in what is classified as a rural area.
Homeownership rate in Alamance is about 78.6%.
Alamance's vacancy rate, including seasonal lodging, is about 6.1%.
Average household size is 2.23 people.
The majority of houses, apartments or condos in Alamance were built after 1949.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 1.20% |
| Two Bedrooms | 45.10% |
| Three Bedrooms | 43.90% |
| Four Bedrooms | 8.50% |
| Five Bedrooms or more | 1.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.26 |
| Median year structure was built | 1950 |
| Median Value of occupied units | $96,800 |
| Median Price asked for vacant units | $85,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.12 |
| Median year structure was built | 1948 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.60% |
| Home Equity Loan | 13.90% |
| Simple Mortgage | 35.20% |
| Debt Free | 45.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.6% |
