Cornelius, NC Real Estate
According to census data in the year 2000 there were 5,612 housing units in Cornelius.
This represents a 420.1% growth from 1,079 in 1990.
Of those housing units, 5,496 were located in either urbanized areas or urban clusters, and 116 were located in what is classified as a rural area.
Homeownership rate in Cornelius is about 76.3%.
Cornelius's vacancy rate, including seasonal lodging, is about 10.5%.
Average household size is 2.33 people.
The majority of houses, apartments or condos in Cornelius were built after 1992.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.40% |
| One Bedroom | 7.40% |
| Two Bedrooms | 24.40% |
| Three Bedrooms | 40.50% |
| Four Bedrooms | 22.10% |
| Five Bedrooms or more | 5.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.42 |
| Median year structure was built | 1992 |
| Median Value of occupied units | $236,500 |
| Median Price asked for vacant units | $234,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.07 |
| Median year structure was built | 1991 |
| Median Monthly Rent asked for vacant units | $784 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.70% |
| Second Mortgage | 9.40% |
| Home Equity Loan | 20.70% |
| Simple Mortgage | 54% |
| Debt Free | 15.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.8% |
