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Carrboro, NC Real Estate


According to census data in the year 2000 there were 8,184 housing units in Carrboro. This represents a 34% growth from 6,108 in 1990.

Of those housing units, 8,160 were located in either urbanized areas or urban clusters, and 24 were located in what is classified as a rural area.

Homeownership rate in Carrboro is about 31.1%. Carrboro's vacancy rate, including seasonal lodging, is about 7.9%. Average household size is 2.2 people.

The majority of houses, apartments or condos in Carrboro were built after 1981.

Statistics

Housing Size

Housing Units by Size
Studio Type2%
One Bedroom24.50%
Two Bedrooms41.90%
Three Bedrooms20.20%
Four Bedrooms9%
Five Bedrooms or more2.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.64
Median year structure was built1985
Median Value of occupied units$172,800
Median Price asked for vacant units$283,100

Rented Homes, Apartments and Condos

Average Household Size2
Median year structure was built1980
Median Monthly Rent asked for vacant units$552

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.30%
Home Equity Loan16.80%
Simple Mortgage62.80%
Debt Free16.10%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs20.1%