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 Type | 0.70% |
| One Bedroom | 6% |
| Two Bedrooms | 21.30% |
| Three Bedrooms | 59.30% |
| Four Bedrooms | 10.50% |
| Five Bedrooms or more | 2.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.91 |
| Median year structure was built | 1982 |
| Median Value of occupied units | $85,100 |
| Median Price asked for vacant units | $68,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.45 |
| Median year structure was built | 1978 |
| Median Monthly Rent asked for vacant units | $388 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 12.10% |
| Home Equity Loan | 13.60% |
| Simple Mortgage | 64.90% |
| Debt Free | 9% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 23% |
