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Gatesville, NC Real Estate


According to census data in the year 2000 there were 132 housing units in Gatesville. This represents a 10.8% decline from 148 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 132 were located in what is classified as a rural area.

Homeownership rate in Gatesville is about 83%. Gatesville's vacancy rate, including seasonal lodging, is about 19.7%. Average household size is 2.64 people.

The majority of houses, apartments or condos in Gatesville were built after 1951.

Statistics

Housing Size

Housing Units by Size
Studio Type1.50%
One Bedroom1.50%
Two Bedrooms19.70%
Three Bedrooms50%
Four Bedrooms20.50%
Five Bedrooms or more6.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.74
Median year structure was built1953
Median Value of occupied units$84,100
Median Price asked for vacant units$65,000

Rented Homes, Apartments and Condos

Average Household Size2.17
Median year structure was built1943

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan6.20%
Simple Mortgage40.70%
Debt Free53.10%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs14.2%