Fairmont, NC Real Estate

According to census data in the year 2000 there were 1,193 housing units in Fairmont. This represents a 8.8% growth from 1,097 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 1,193 were located in what is classified as a rural area.

Homeownership rate in Fairmont is about 54%. Fairmont's vacancy rate, including seasonal lodging, is about 9.4%. Average household size is 2.3 people.

The majority of houses, apartments or condos in Fairmont were built after 1967.


Housing Size

Housing Units by Size
Studio Type1.80%
One Bedroom16.10%
Two Bedrooms32.70%
Three Bedrooms36.90%
Four Bedrooms9.50%
Five Bedrooms or more3.10%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.6
Median year structure was built1959
Median Value of occupied units$55,900

Rented Homes, Apartments and Condos

Average Household Size1.96
Median year structure was built1977
Median Monthly Rent asked for vacant units$136

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1.40%
Second Mortgage1.20%
Home Equity Loan2.20%
Simple Mortgage32.90%
Debt Free62.30%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16.3%