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Chadbourn, NC Real Estate


According to census data in the year 2000 there were 969 housing units in Chadbourn. This represents a 11% growth from 873 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 969 were located in what is classified as a rural area.

Homeownership rate in Chadbourn is about 54.5%. Chadbourn's vacancy rate, including seasonal lodging, is about 10.9%. Average household size is 2.39 people.

The majority of houses, apartments or condos in Chadbourn were built after 1971.

Statistics

Housing Size

Housing Units by Size
Studio Type1%
One Bedroom9.90%
Two Bedrooms27.70%
Three Bedrooms53.70%
Four Bedrooms6.50%
Five Bedrooms or more1.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.85
Median year structure was built1968
Median Value of occupied units$56,600
Median Price asked for vacant units$55,000

Rented Homes, Apartments and Condos

Average Household Size1.84
Median year structure was built1975
Median Monthly Rent asked for vacant units$280

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.40%
Home Equity Loan6.40%
Simple Mortgage35.60%
Debt Free54.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17%