Valdese, NC Real Estate
According to census data in the year 2000 there were 1,954 housing units in Valdese.
This represents a 8.9% growth from 1,795 in 1990.
Of those housing units, 1,877 were located in either urbanized areas or urban clusters, and 77 were located in what is classified as a rural area.
Homeownership rate in Valdese is about 65.6%.
Valdese's vacancy rate, including seasonal lodging, is about 5.7%.
Average household size is 2.3 people.
The majority of houses, apartments or condos in Valdese were built after 1962.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.50% |
| One Bedroom | 11.10% |
| Two Bedrooms | 36.80% |
| Three Bedrooms | 40.10% |
| Four Bedrooms | 8.30% |
| Five Bedrooms or more | 3.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.4 |
| Median year structure was built | 1959 |
| Median Value of occupied units | $82,400 |
| Median Price asked for vacant units | $55,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.1 |
| Median year structure was built | 1967 |
| Median Monthly Rent asked for vacant units | $371 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.60% |
| Home Equity Loan | 10.60% |
| Simple Mortgage | 38.50% |
| Debt Free | 43.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.5% |
