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Patterson Springs, NC Real Estate


According to census data in the year 2000 there were 266 housing units in Patterson Springs. This represents a 12.8% decline from 305 in 1990.

Of those housing units, 227 were located in either urbanized areas or urban clusters, and 39 were located in what is classified as a rural area.

Homeownership rate in Patterson Springs is about 67.1%. Patterson Springs's vacancy rate, including seasonal lodging, is about 8.6%. Average household size is 2.35 people.

The majority of houses, apartments or condos in Patterson Springs were built after 1973.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom1.90%
Two Bedrooms46.60%
Three Bedrooms47.70%
Four Bedrooms2.30%
Five Bedrooms or more1.50%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.15
Median year structure was built1972
Median Value of occupied units$67,600
Median Price asked for vacant units$112,500

Rented Homes, Apartments and Condos

Average Household Size2.75
Median year structure was built1980
Median Monthly Rent asked for vacant units$333

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage10.30%
Home Equity Loan4.80%
Simple Mortgage54%
Debt Free31%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.8%