Locust, NC Real Estate
According to census data in the year 2000 there were 986 housing units in Locust.
This represents a 33.4% growth from 739 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 986 were located in what is classified as a rural area.
Homeownership rate in Locust is about 79.7%.
Locust's vacancy rate, including seasonal lodging, is about 6.5%.
Average household size is 2.62 people.
The majority of houses, apartments or condos in Locust were built after 1970.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 2.80% |
| Two Bedrooms | 27.90% |
| Three Bedrooms | 62.80% |
| Four Bedrooms | 6% |
| Five Bedrooms or more | 0.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.77 |
| Median year structure was built | 1973 |
| Median Value of occupied units | $98,700 |
| Median Price asked for vacant units | $55,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.03 |
| Median year structure was built | 1960 |
| Median Monthly Rent asked for vacant units | $388 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 9.50% |
| Home Equity Loan | 11.60% |
| Simple Mortgage | 48.60% |
| Debt Free | 30.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.8% |
