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Colerain, NC Real Estate


According to census data in the year 2000 there were 111 housing units in Colerain. This represents a 60.9% growth from 69 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 111 were located in what is classified as a rural area.

Homeownership rate in Colerain is about 74.2%. Colerain's vacancy rate, including seasonal lodging, is about 12.6%. Average household size is 2.31 people.

The majority of houses, apartments or condos in Colerain were built after 1952.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom5.40%
Two Bedrooms23.40%
Three Bedrooms51.40%
Four Bedrooms14.40%
Five Bedrooms or more5.40%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.56
Median year structure was built1950
Median Value of occupied units$62,500
Median Price asked for vacant units$72,500

Rented Homes, Apartments and Condos

Average Household Size1.6
Median year structure was built1956

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan0%
Simple Mortgage24.60%
Debt Free75.40%
As % of Housing Units
   
Median part of Monthly Household Income dedicated to covering home ownership costs13.7%