Severn, NC Real Estate
According to census data in the year 2000 there were 105 housing units in Severn.
This represents a 13.9% decline from 122 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 105 were located in what is classified as a rural area.
Homeownership rate in Severn is about 69.3%.
Severn's vacancy rate, including seasonal lodging, is about 3.8%.
Average household size is 2.59 people.
The majority of houses, apartments or condos in Severn were built after 1955.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.90% |
| One Bedroom | 7.60% |
| Two Bedrooms | 17.10% |
| Three Bedrooms | 39% |
| Four Bedrooms | 28.60% |
| Five Bedrooms or more | 5.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.14 |
| Median year structure was built | 1953 |
| Median Value of occupied units | $50,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.61 |
| Median year structure was built | 1957 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.80% |
| Home Equity Loan | 3.10% |
| Simple Mortgage | 31.30% |
| Debt Free | 57.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.5% |
