Black Mountain, NC Real Estate
According to census data in the year 2000 there were 3,715 housing units in Black Mountain.
This represents a 47.5% growth from 2,519 in 1990.
Of those housing units, 3,549 were located in either urbanized areas or urban clusters, and 166 were located in what is classified as a rural area.
Homeownership rate in Black Mountain is about 69.6%.
Black Mountain's vacancy rate, including seasonal lodging, is about 10.6%.
Average household size is 2.16 people.
The majority of houses, apartments or condos in Black Mountain were built after 1972.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.60% |
| One Bedroom | 10.30% |
| Two Bedrooms | 40.20% |
| Three Bedrooms | 38% |
| Four Bedrooms | 8.60% |
| Five Bedrooms or more | 2.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.29 |
| Median year structure was built | 1971 |
| Median Value of occupied units | $104,800 |
| Median Price asked for vacant units | $80,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.86 |
| Median year structure was built | 1973 |
| Median Monthly Rent asked for vacant units | $428 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.40% |
| Second Mortgage | 5.40% |
| Home Equity Loan | 9.10% |
| Simple Mortgage | 46.50% |
| Debt Free | 38.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.8% |
