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Walnut Cove, NC Real Estate


According to census data in the year 2000 there were 642 housing units in Walnut Cove. This represents a 39.3% growth from 461 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 642 were located in what is classified as a rural area.

Homeownership rate in Walnut Cove is about 60.7%. Walnut Cove's vacancy rate, including seasonal lodging, is about 10.1%. Average household size is 2.2 people.

The majority of houses, apartments or condos in Walnut Cove were built after 1968.

Statistics

Housing Size

Housing Units by Size
Studio Type0.90%
One Bedroom8.40%
Two Bedrooms43.90%
Three Bedrooms36.60%
Four Bedrooms8.30%
Five Bedrooms or more1.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.35
Median year structure was built1959
Median Value of occupied units$79,600
Median Price asked for vacant units$72,500

Rented Homes, Apartments and Condos

Average Household Size1.98
Median year structure was built1980
Median Monthly Rent asked for vacant units$325

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7%
Home Equity Loan13.80%
Simple Mortgage34.90%
Debt Free44.30%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.2%