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 Type | 2% |
| One Bedroom | 24.50% |
| Two Bedrooms | 41.90% |
| Three Bedrooms | 20.20% |
| Four Bedrooms | 9% |
| Five Bedrooms or more | 2.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.64 |
| Median year structure was built | 1985 |
| Median Value of occupied units | $172,800 |
| Median Price asked for vacant units | $283,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2 |
| Median year structure was built | 1980 |
| Median Monthly Rent asked for vacant units | $552 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.30% |
| Home Equity Loan | 16.80% |
| Simple Mortgage | 62.80% |
| Debt Free | 16.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.1% |
