Seven Lakes, NC Real Estate
According to census data in the year 2000 there were 1,544 housing units in Seven Lakes.
This represents a 55.2% growth from 995 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 1,544 were located in what is classified as a rural area.
Homeownership rate in Seven Lakes is about 93.9%.
Seven Lakes's vacancy rate, including seasonal lodging, is about 9.3%.
Average household size is 2.19 people.
The majority of houses, apartments or condos in Seven Lakes were built after 1988.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 0% |
| Two Bedrooms | 12.50% |
| Three Bedrooms | 68.40% |
| Four Bedrooms | 16.20% |
| Five Bedrooms or more | 2.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.24 |
| Median year structure was built | 1988 |
| Median Value of occupied units | $172,300 |
| Median Price asked for vacant units | $168,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.35 |
| Median year structure was built | 1989 |
| Median Monthly Rent asked for vacant units | $675 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 1.50% |
| Home Equity Loan | 14% |
| Simple Mortgage | 43.70% |
| Debt Free | 40.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14% |
