Home

Lake Waccamaw, NC Real Estate


According to census data in the year 2000 there were 759 housing units in Lake Waccamaw. This represents a 57.5% growth from 482 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 759 were located in what is classified as a rural area.

Homeownership rate in Lake Waccamaw is about 75.6%. Lake Waccamaw's vacancy rate, including seasonal lodging, is about 34.1%. Average household size is 2.18 people.

The majority of houses, apartments or condos in Lake Waccamaw were built after 1975.

Statistics

Housing Size

Housing Units by Size
Studio Type0.30%
One Bedroom2.50%
Two Bedrooms18.60%
Three Bedrooms59.30%
Four Bedrooms16.60%
Five Bedrooms or more2.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.17
Median year structure was built1977
Median Value of occupied units$140,400
Median Price asked for vacant units$235,000

Rented Homes, Apartments and Condos

Average Household Size2.21
Median year structure was built1968
Median Monthly Rent asked for vacant units$325

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1.80%
Second Mortgage6%
Home Equity Loan14.90%
Simple Mortgage28.60%
Debt Free48.80%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs15.8%