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Hope Mills, NC Real Estate


According to census data in the year 2000 there were 4,492 housing units in Hope Mills. This represents a 43.4% growth from 3,133 in 1990.

Of those housing units, 4,492 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Hope Mills is about 66.9%. Hope Mills's vacancy rate, including seasonal lodging, is about 8.2%. Average household size is 2.75 people.

The majority of houses, apartments or condos in Hope Mills were built after 1980.

Statistics

Housing Size

Housing Units by Size
Studio Type0.70%
One Bedroom6%
Two Bedrooms21.30%
Three Bedrooms59.30%
Four Bedrooms10.50%
Five Bedrooms or more2.10%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.91
Median year structure was built1982
Median Value of occupied units$85,100
Median Price asked for vacant units$68,300

Rented Homes, Apartments and Condos

Average Household Size2.45
Median year structure was built1978
Median Monthly Rent asked for vacant units$388

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage12.10%
Home Equity Loan13.60%
Simple Mortgage64.90%
Debt Free9%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs23%