Forest Oaks, NC Real Estate
According to census data in the year 2000 there were 1,249 housing units in Forest Oaks.
This represents a 11.2% growth from 1,123 in 1990.
Of those housing units, 898 were located in either urbanized areas or urban clusters, and 351 were located in what is classified as a rural area.
Homeownership rate in Forest Oaks is about 96%.
Forest Oaks's vacancy rate, including seasonal lodging, is about 2.3%.
Average household size is 2.62 people.
The majority of houses, apartments or condos in Forest Oaks were built after 1976.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 1.40% |
| Two Bedrooms | 5.40% |
| Three Bedrooms | 46.10% |
| Four Bedrooms | 40.30% |
| Five Bedrooms or more | 6.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.59 |
| Median year structure was built | 1976 |
| Median Value of occupied units | $156,600 |
| Median Price asked for vacant units | $143,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.24 |
| Median year structure was built | 1964 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 10% |
| Home Equity Loan | 17.20% |
| Simple Mortgage | 48% |
| Debt Free | 24.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.3% |
