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Oak City, NC Real Estate


According to census data in the year 2000 there were 162 housing units in Oak City. This represents a 5.8% decline from 172 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 162 were located in what is classified as a rural area.

Homeownership rate in Oak City is about 66.4%. Oak City's vacancy rate, including seasonal lodging, is about 9.9%. Average household size is 2.27 people.

The majority of houses, apartments or condos in Oak City were built after 1954.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom0%
Two Bedrooms21%
Three Bedrooms58%
Four Bedrooms18.50%
Five Bedrooms or more2.50%
As % of Housing Units
       

Owned Homes, Apartments and Condos

Average Household Size2.18
Median year structure was built1950
Median Value of occupied units$44,400
Median Price asked for vacant units$27,500

Rented Homes, Apartments and Condos

Average Household Size2.47
Median year structure was built1959

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan8.80%
Simple Mortgage10%
Debt Free81.30%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs12.5%