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.


Housing Size

Housing Units by Size
Studio Type1.90%
One Bedroom7.60%
Two Bedrooms17.10%
Three Bedrooms39%
Four Bedrooms28.60%
Five Bedrooms or more5.70%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.14
Median year structure was built1953
Median Value of occupied units$50,900

Rented Homes, Apartments and Condos

Average Household Size3.61
Median year structure was built1957

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7.80%
Home Equity Loan3.10%
Simple Mortgage31.30%
Debt Free57.80%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs17.5%