North Carolina Real Estate
According to census data in the year 2000 there were 3,523,944 housing units in North Carolina.
This represents a 25% from 2,818,193 in 1990.
Of those housing units, 2,080,729 were located in either urbanized areas or urban clusters, and 1,443,215 were located in what is classified as a rural area.
Homeownership rate in North Carolina is about 69.4%.
North Carolina's vacancy rate, including seasonal lodging, is about 11.1%.
Average household size is 2.49 people.
The majority of houses, apartments or condos in North Carolina were built after 1978.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.1% |
| One Bedroom | 8.1% |
| Two Bedrooms | 30% |
| Three Bedrooms | 46.8% |
| Four Bedrooms | 11.8% |
| Five Bedrooms or more | 2.2% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.56 |
| Median year structure was built | 1979 |
| Median Value of occupied units | $108,300 |
| Median Price asked for vacant units | $97,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.34 |
| Median year structure was built | 1975 |
| Median Monthly Rent asked for vacant units | $440 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.1% |
| Second Mortgage | 7.5% |
| Home Equity Loan | 12.1% |
| Simple Mortgage | 49.2% |
| Debt Free | 30.9% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.3% |
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