Balfour, NC Real Estate
According to census data in the year 2000 there were 523 housing units in Balfour.
This represents a 3% decline from 539 in 1990.
Of those housing units, 523 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Balfour is about 72.5%.
Balfour's vacancy rate, including seasonal lodging, is about 12.4%.
Average household size is 2.15 people.
The majority of houses, apartments or condos in Balfour were built after 1968.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.80% |
| One Bedroom | 9.90% |
| Two Bedrooms | 32.90% |
| Three Bedrooms | 46.70% |
| Four Bedrooms | 9.80% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.15 |
| Median year structure was built | 1967 |
| Median Value of occupied units | $99,200 |
| Median Price asked for vacant units | $137,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.13 |
| Median year structure was built | 1973 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 0% |
| Simple Mortgage | 45.80% |
| Debt Free | 54.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 12.4% |
