Morehead City, NC Real Estate
According to census data in the year 2000 there were 4,308 housing units in Morehead City.
This represents a 34.4% growth from 3,206 in 1990.
Of those housing units, 4,270 were located in either urbanized areas or urban clusters, and 38 were located in what is classified as a rural area.
Homeownership rate in Morehead City is about 55.2%.
Morehead City's vacancy rate, including seasonal lodging, is about 16.1%.
Average household size is 2.04 people.
The majority of houses, apartments or condos in Morehead City were built after 1974.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.80% |
| One Bedroom | 9.40% |
| Two Bedrooms | 39.40% |
| Three Bedrooms | 41.60% |
| Four Bedrooms | 6.80% |
| Five Bedrooms or more | 1.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 1.99 |
| Median year structure was built | 1971 |
| Median Value of occupied units | $106,400 |
| Median Price asked for vacant units | $95,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.1 |
| Median year structure was built | 1976 |
| Median Monthly Rent asked for vacant units | $390 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.90% |
| Home Equity Loan | 8.30% |
| Simple Mortgage | 36% |
| Debt Free | 52.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19% |
