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Alamance, NC Real Estate


According to census data in the year 2000 there were 164 housing units in Alamance. This represents a 33.3% growth from 123 in 1990.

Of those housing units, 8 were located in either urbanized areas or urban clusters, and 156 were located in what is classified as a rural area.

Homeownership rate in Alamance is about 78.6%. Alamance's vacancy rate, including seasonal lodging, is about 6.1%. Average household size is 2.23 people.

The majority of houses, apartments or condos in Alamance were built after 1949.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom1.20%
Two Bedrooms45.10%
Three Bedrooms43.90%
Four Bedrooms8.50%
Five Bedrooms or more1.20%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.26
Median year structure was built1950
Median Value of occupied units$96,800
Median Price asked for vacant units$85,000

Rented Homes, Apartments and Condos

Average Household Size2.12
Median year structure was built1948

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.60%
Home Equity Loan13.90%
Simple Mortgage35.20%
Debt Free45.40%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15.6%