Spring Lake, NC Real Estate
According to census data in the year 2000 there were 3,689 housing units in Spring Lake.
This represents a 19.4% growth from 3,090 in 1990.
Of those housing units, 3,689 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Spring Lake is about 36.8%.
Spring Lake's vacancy rate, including seasonal lodging, is about 15%.
Average household size is 2.61 people.
The majority of houses, apartments or condos in Spring Lake were built after 1979.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.80% |
| One Bedroom | 13.70% |
| Two Bedrooms | 40.70% |
| Three Bedrooms | 39.40% |
| Four Bedrooms | 4.80% |
| Five Bedrooms or more | 0.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.91 |
| Median year structure was built | 1978 |
| Median Value of occupied units | $77,200 |
| Median Price asked for vacant units | $83,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.44 |
| Median year structure was built | 1980 |
| Median Monthly Rent asked for vacant units | $322 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 12.90% |
| Home Equity Loan | 6.10% |
| Simple Mortgage | 61.60% |
| Debt Free | 19.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 24.3% |
