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Welcome, NC Real Estate


According to census data in the year 2000 there were 1,481 housing units in Welcome. This represents a 9.1% growth from 1,357 in 1990.

Of those housing units, 269 were located in either urbanized areas or urban clusters, and 1,212 were located in what is classified as a rural area.

Homeownership rate in Welcome is about 79%. Welcome's vacancy rate, including seasonal lodging, is about 4.3%. Average household size is 2.4 people.

The majority of houses, apartments or condos in Welcome were built after 1974.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom5.30%
Two Bedrooms32.50%
Three Bedrooms51.50%
Four Bedrooms9.90%
Five Bedrooms or more0.90%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.46
Median year structure was built1976
Median Value of occupied units$110,700
Median Price asked for vacant units$87,900

Rented Homes, Apartments and Condos

Average Household Size2.19
Median year structure was built1968
Median Monthly Rent asked for vacant units$448

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1.10%
Second Mortgage6.40%
Home Equity Loan10.70%
Simple Mortgage36.40%
Debt Free45.30%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs14.1%