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Black Mountain, NC Real Estate


According to census data in the year 2000 there were 3,715 housing units in Black Mountain. This represents a 47.5% growth from 2,519 in 1990.

Of those housing units, 3,549 were located in either urbanized areas or urban clusters, and 166 were located in what is classified as a rural area.

Homeownership rate in Black Mountain is about 69.6%. Black Mountain's vacancy rate, including seasonal lodging, is about 10.6%. Average household size is 2.16 people.

The majority of houses, apartments or condos in Black Mountain were built after 1972.

Statistics

Housing Size

Housing Units by Size
Studio Type0.60%
One Bedroom10.30%
Two Bedrooms40.20%
Three Bedrooms38%
Four Bedrooms8.60%
Five Bedrooms or more2.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.29
Median year structure was built1971
Median Value of occupied units$104,800
Median Price asked for vacant units$80,000

Rented Homes, Apartments and Condos

Average Household Size1.86
Median year structure was built1973
Median Monthly Rent asked for vacant units$428

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage5.40%
Home Equity Loan9.10%
Simple Mortgage46.50%
Debt Free38.60%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs18.8%