Red Springs, NC Real Estate
According to census data in the year 2000 there were 1,451 housing units in Red Springs.
This represents a 6.3% decline from 1,549 in 1990.
Of those housing units, 1,408 were located in either urbanized areas or urban clusters, and 43 were located in what is classified as a rural area.
Homeownership rate in Red Springs is about 69.3%.
Red Springs's vacancy rate, including seasonal lodging, is about 9.6%.
Average household size is 2.58 people.
The majority of houses, apartments or condos in Red Springs were built after 1960.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.60% |
| One Bedroom | 10.80% |
| Two Bedrooms | 35.40% |
| Three Bedrooms | 40.90% |
| Four Bedrooms | 6% |
| Five Bedrooms or more | 5.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.61 |
| Median year structure was built | 1957 |
| Median Value of occupied units | $57,800 |
| Median Price asked for vacant units | $137,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.51 |
| Median year structure was built | 1968 |
| Median Monthly Rent asked for vacant units | $250 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.60% |
| Home Equity Loan | 2.60% |
| Simple Mortgage | 39.50% |
| Debt Free | 53.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.3% |
