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Fuquay-Varina, NC Real Estate


According to census data in the year 2000 there were 3,390 housing units in Fuquay-Varina. This represents a 73% growth from 1,959 in 1990.

Of those housing units, 3,350 were located in either urbanized areas or urban clusters, and 40 were located in what is classified as a rural area.

Homeownership rate in Fuquay-Varina is about 62.5%. Fuquay-Varina's vacancy rate, including seasonal lodging, is about 7.3%. Average household size is 2.46 people.

The majority of houses, apartments or condos in Fuquay-Varina were built after 1987.

Statistics

Housing Size

Housing Units by Size
Studio Type0.40%
One Bedroom7.10%
Two Bedrooms30.70%
Three Bedrooms53.40%
Four Bedrooms7%
Five Bedrooms or more1.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.47
Median year structure was built1991
Median Value of occupied units$117,500
Median Price asked for vacant units$122,800

Rented Homes, Apartments and Condos

Average Household Size2.45
Median year structure was built1984
Median Monthly Rent asked for vacant units$609

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage8.50%
Home Equity Loan9.80%
Simple Mortgage60.20%
Debt Free21.10%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs20.6%