Spruce Pine, NC Real Estate
According to census data in the year 2000 there were 989 housing units in Spruce Pine.
This represents a 2.1% decline from 1,010 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 989 were located in what is classified as a rural area.
Homeownership rate in Spruce Pine is about 62.1%.
Spruce Pine's vacancy rate, including seasonal lodging, is about 7.9%.
Average household size is 2.3 people.
The majority of houses, apartments or condos in Spruce Pine were built after 1959.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.20% |
| One Bedroom | 9.70% |
| Two Bedrooms | 36.40% |
| Three Bedrooms | 44.70% |
| Four Bedrooms | 6.30% |
| Five Bedrooms or more | 2.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.35 |
| Median year structure was built | 1958 |
| Median Value of occupied units | $74,500 |
| Median Price asked for vacant units | $55,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.23 |
| Median year structure was built | 1962 |
| Median Monthly Rent asked for vacant units | $295 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.10% |
| Home Equity Loan | 12.80% |
| Simple Mortgage | 38.30% |
| Debt Free | 42.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.3% |
