Weddington, NC Real Estate
According to census data in the year 2000 there were 2,296 housing units in Weddington.
This represents a 83.4% growth from 1,252 in 1990.
Of those housing units, 1,138 were located in either urbanized areas or urban clusters, and 1,158 were located in what is classified as a rural area.
Homeownership rate in Weddington is about 95.7%.
Weddington's vacancy rate, including seasonal lodging, is about 1.2%.
Average household size is 3.11 people.
The majority of houses, apartments or condos in Weddington were built after 1989.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 0.50% |
| Two Bedrooms | 7.30% |
| Three Bedrooms | 32.10% |
| Four Bedrooms | 47.70% |
| Five Bedrooms or more | 12.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.16 |
| Median year structure was built | 1989 |
| Median Value of occupied units | $276,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.03 |
| Median year structure was built | 1975 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1.70% |
| Second Mortgage | 6.70% |
| Home Equity Loan | 22.30% |
| Simple Mortgage | 57.50% |
| Debt Free | 11.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.7% |
