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Norway, SC Real Estate


According to census data in the year 2000 there were 180 housing units in Norway. This represents a 20.8% growth from 149 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 180 were located in what is classified as a rural area.

Homeownership rate in Norway is about 73.2%. Norway's vacancy rate, including seasonal lodging, is about 6.7%. Average household size is 2.51 people.

The majority of houses, apartments or condos in Norway were built after 1964.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom4.40%
Two Bedrooms26.10%
Three Bedrooms42.20%
Four Bedrooms25%
Five Bedrooms or more2.20%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.59
Median year structure was built1960
Median Value of occupied units$70,000

Rented Homes, Apartments and Condos

Average Household Size2.27
Median year structure was built1972
Median Monthly Rent asked for vacant units$275

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage10.80%
Home Equity Loan12.70%
Simple Mortgage23.50%
Debt Free52.90%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs19.4%