Fearrington, NC Real Estate
According to census data in the year 2000 there were 471 housing units in Fearrington.
This represents a 17.9% decline from 574 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 471 were located in what is classified as a rural area.
Homeownership rate in Fearrington is about 92.6%.
Fearrington's vacancy rate, including seasonal lodging, is about 5.7%.
Average household size is 1.98 people.
The majority of houses, apartments or condos in Fearrington were built after 1988.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 0% |
| Two Bedrooms | 25.10% |
| Three Bedrooms | 72.20% |
| Four Bedrooms | 2.80% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 1.89 |
| Median year structure was built | 1989 |
| Median Value of occupied units | $201,900 |
| Median Price asked for vacant units | $125,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.06 |
| Median year structure was built | 1967 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 5.30% |
| Simple Mortgage | 46.30% |
| Debt Free | 48.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.1% |
