Drexel, NC Real Estate
According to census data in the year 2000 there were 835 housing units in Drexel.
This represents a 14.9% growth from 727 in 1990.
Of those housing units, 835 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Drexel is about 67.5%.
Drexel's vacancy rate, including seasonal lodging, is about 6.3%.
Average household size is 2.38 people.
The majority of houses, apartments or condos in Drexel were built after 1968.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.10% |
| One Bedroom | 10.70% |
| Two Bedrooms | 45.30% |
| Three Bedrooms | 34.70% |
| Four Bedrooms | 7.90% |
| Five Bedrooms or more | 1.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.48 |
| Median year structure was built | 1968 |
| Median Value of occupied units | $80,300 |
| Median Price asked for vacant units | $48,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.19 |
| Median year structure was built | 1969 |
| Median Monthly Rent asked for vacant units | $313 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.50% |
| Home Equity Loan | 9.40% |
| Simple Mortgage | 43.30% |
| Debt Free | 39.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.2% |
