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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 Type0.80%
One Bedroom9.40%
Two Bedrooms39.40%
Three Bedrooms41.60%
Four Bedrooms6.80%
Five Bedrooms or more1.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size1.99
Median year structure was built1971
Median Value of occupied units$106,400
Median Price asked for vacant units$95,000

Rented Homes, Apartments and Condos

Average Household Size2.1
Median year structure was built1976
Median Monthly Rent asked for vacant units$390

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.90%
Home Equity Loan8.30%
Simple Mortgage36%
Debt Free52.80%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs19%