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Light Oak, NC Real Estate


According to census data in the year 2000 there were 221 housing units in Light Oak. This represents a 48% decline from 425 in 1990.

Of those housing units, 114 were located in either urbanized areas or urban clusters, and 107 were located in what is classified as a rural area.

Homeownership rate in Light Oak is about 66.5%. Average household size is 2.86 people.

The majority of houses, apartments or condos in Light Oak were built after 1967.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom18.10%
Two Bedrooms29.40%
Three Bedrooms41.60%
Four Bedrooms7.20%
Five Bedrooms or more3.60%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.09
Median year structure was built1965
Median Value of occupied units$47,000

Rented Homes, Apartments and Condos

Average Household Size4.39
Median year structure was built1973

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.70%
Home Equity Loan0%
Simple Mortgage45.50%
Debt Free48.80%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs12.7%