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.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.80% |
| One Bedroom | 16.10% |
| Two Bedrooms | 32.70% |
| Three Bedrooms | 36.90% |
| Four Bedrooms | 9.50% |
| Five Bedrooms or more | 3.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.6 |
| Median year structure was built | 1959 |
| Median Value of occupied units | $55,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.96 |
| Median year structure was built | 1977 |
| Median Monthly Rent asked for vacant units | $136 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1.40% |
| Second Mortgage | 1.20% |
| Home Equity Loan | 2.20% |
| Simple Mortgage | 32.90% |
| Debt Free | 62.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.3% |
