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Hot Springs, NC Real Estate


According to census data in the year 2000 there were 360 housing units in Hot Springs. This represents a 50% growth from 240 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 360 were located in what is classified as a rural area.

Homeownership rate in Hot Springs is about 57.9%. Hot Springs's vacancy rate, including seasonal lodging, is about 18.9%. Average household size is 2.08 people.

The majority of houses, apartments or condos in Hot Springs were built after 1967.

Statistics

Housing Size

Housing Units by Size
Studio Type0.60%
One Bedroom15.60%
Two Bedrooms40%
Three Bedrooms35.60%
Four Bedrooms7.20%
Five Bedrooms or more1.10%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.27
Median year structure was built1968
Median Value of occupied units$65,600
Median Price asked for vacant units$65,000

Rented Homes, Apartments and Condos

Average Household Size1.82
Median year structure was built1966
Median Monthly Rent asked for vacant units$125

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.10%
Home Equity Loan4.10%
Simple Mortgage25.80%
Debt Free68%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.3%