Elon College, NC Real Estate
According to census data in the year 2000 there were 1,984 housing units in Elon College.
This represents a 78.3% growth from 1,113 in 1990.
Of those housing units, 1,953 were located in either urbanized areas or urban clusters, and 31 were located in what is classified as a rural area.
Homeownership rate in Elon College is about 63.9%.
Elon College's vacancy rate, including seasonal lodging, is about 4.6%.
Average household size is 2.48 people.
The majority of houses, apartments or condos in Elon College were built after 1983.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.30% |
| One Bedroom | 4% |
| Two Bedrooms | 29.80% |
| Three Bedrooms | 44.20% |
| Four Bedrooms | 18.30% |
| Five Bedrooms or more | 3.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.64 |
| Median year structure was built | 1982 |
| Median Value of occupied units | $160,800 |
| Median Price asked for vacant units | $150,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.19 |
| Median year structure was built | 1984 |
| Median Monthly Rent asked for vacant units | $677 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.70% |
| Home Equity Loan | 17.40% |
| Simple Mortgage | 40.40% |
| Debt Free | 34.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.3% |
