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Southern Shores, NC Real Estate


According to census data in the year 2000 there were 1,932 housing units in Southern Shores. This represents a 33.1% growth from 1,452 in 1990.

Of those housing units, 1,404 were located in either urbanized areas or urban clusters, and 528 were located in what is classified as a rural area.

Homeownership rate in Southern Shores is about 92%. Southern Shores's vacancy rate, including seasonal lodging, is about 51%. Average household size is 2.33 people.

The majority of houses, apartments or condos in Southern Shores were built after 1987.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom0.90%
Two Bedrooms6.20%
Three Bedrooms42.90%
Four Bedrooms41.90%
Five Bedrooms or more8.20%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.34
Median year structure was built1987
Median Value of occupied units$221,500
Median Price asked for vacant units$225,000

Rented Homes, Apartments and Condos

Average Household Size2.2
Median year structure was built1981
Median Monthly Rent asked for vacant units$875

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6%
Home Equity Loan13.50%
Simple Mortgage48%
Debt Free32.50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs19.4%