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Southern Pines, NC Real Estate


According to census data in the year 2000 there were 5,694 housing units in Southern Pines. This represents a 28.3% growth from 4,438 in 1990.

Of those housing units, 5,511 were located in either urbanized areas or urban clusters, and 183 were located in what is classified as a rural area.

Homeownership rate in Southern Pines is about 63.6%. Southern Pines's vacancy rate, including seasonal lodging, is about 13.7%. Average household size is 2.18 people.

The majority of houses, apartments or condos in Southern Pines were built after 1978.

Statistics

Housing Size

Housing Units by Size
Studio Type0.20%
One Bedroom10.50%
Two Bedrooms38%
Three Bedrooms38.80%
Four Bedrooms9.70%
Five Bedrooms or more2.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.2
Median year structure was built1977
Median Value of occupied units$130,700
Median Price asked for vacant units$160,400

Rented Homes, Apartments and Condos

Average Household Size2.14
Median year structure was built1979
Median Monthly Rent asked for vacant units$396

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage6.70%
Home Equity Loan12.10%
Simple Mortgage44.70%
Debt Free36.10%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs19%