Summerfield, NC Real Estate
According to census data in the year 2000 there were 2,712 housing units in Summerfield.
This represents a 242% growth from 793 in 1990.
Of those housing units, 767 were located in either urbanized areas or urban clusters, and 1,945 were located in what is classified as a rural area.
Homeownership rate in Summerfield is about 90.1%.
Summerfield's vacancy rate, including seasonal lodging, is about 5.3%.
Average household size is 2.8 people.
The majority of houses, apartments or condos in Summerfield were built after 1987.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.80% |
| One Bedroom | 1.30% |
| Two Bedrooms | 20.50% |
| Three Bedrooms | 40.90% |
| Four Bedrooms | 31.70% |
| Five Bedrooms or more | 4.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.9 |
| Median year structure was built | 1990 |
| Median Value of occupied units | $189,900 |
| Median Price asked for vacant units | $310,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.87 |
| Median year structure was built | 1965 |
| Median Monthly Rent asked for vacant units | $415 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 8.20% |
| Home Equity Loan | 21.50% |
| Simple Mortgage | 52.50% |
| Debt Free | 17.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.2% |
