Norman, NC Real Estate
According to census data in the year 2000 there were 53 housing units in Norman.
This represents a 8.2% growth from 49 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 53 were located in what is classified as a rural area.
Homeownership rate in Norman is about 76.7%.
Norman's vacancy rate, including seasonal lodging, is about 43.4%.
Average household size is 2.5 people.
The majority of houses, apartments or condos in Norman were built after 1953.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 0% |
| Two Bedrooms | 34% |
| Three Bedrooms | 37.70% |
| Four Bedrooms | 24.50% |
| Five Bedrooms or more | 3.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.87 |
| Median year structure was built | 1948 |
| Median Value of occupied units | $32,500 |
| Median Price asked for vacant units | $110,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.29 |
| Median year structure was built | 1968 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 0% |
| Simple Mortgage | 14.30% |
| Debt Free | 85.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 25.8% |
