Elizabeth City, NC Real Estate
According to census data in the year 2000 there were 7,438 housing units in Elizabeth City.
This represents a 28.2% growth from 5,800 in 1990.
Of those housing units, 7,408 were located in either urbanized areas or urban clusters, and 30 were located in what is classified as a rural area.
Homeownership rate in Elizabeth City is about 49.7%.
Elizabeth City's vacancy rate, including seasonal lodging, is about 11.7%.
Average household size is 2.41 people.
The majority of houses, apartments or condos in Elizabeth City were built after 1966.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.20% |
| One Bedroom | 11.20% |
| Two Bedrooms | 32.50% |
| Three Bedrooms | 42.40% |
| Four Bedrooms | 10.60% |
| Five Bedrooms or more | 2.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.4 |
| Median year structure was built | 1961 |
| Median Value of occupied units | $74,500 |
| Median Price asked for vacant units | $58,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.41 |
| Median year structure was built | 1971 |
| Median Monthly Rent asked for vacant units | $395 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.60% |
| Home Equity Loan | 8.10% |
| Simple Mortgage | 46.50% |
| Debt Free | 38.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 22% |
