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Cornelius, NC Real Estate


According to census data in the year 2000 there were 5,612 housing units in Cornelius. This represents a 420.1% growth from 1,079 in 1990.

Of those housing units, 5,496 were located in either urbanized areas or urban clusters, and 116 were located in what is classified as a rural area.

Homeownership rate in Cornelius is about 76.3%. Cornelius's vacancy rate, including seasonal lodging, is about 10.5%. Average household size is 2.33 people.

The majority of houses, apartments or condos in Cornelius were built after 1992.

Statistics

Housing Size

Housing Units by Size
Studio Type0.40%
One Bedroom7.40%
Two Bedrooms24.40%
Three Bedrooms40.50%
Four Bedrooms22.10%
Five Bedrooms or more5.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.42
Median year structure was built1992
Median Value of occupied units$236,500
Median Price asked for vacant units$234,600

Rented Homes, Apartments and Condos

Average Household Size2.07
Median year structure was built1991
Median Monthly Rent asked for vacant units$784

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.70%
Second Mortgage9.40%
Home Equity Loan20.70%
Simple Mortgage54%
Debt Free15.30%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs20.8%