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Elizabeth City, NC Real Estate


According to census data in the year 2000 there were 7,438 housing units in Elizabeth City. This represents a 28.2% growth from 5,800 in 1990.

Of those housing units, 7,408 were located in either urbanized areas or urban clusters, and 30 were located in what is classified as a rural area.

Homeownership rate in Elizabeth City is about 49.7%. Elizabeth City's vacancy rate, including seasonal lodging, is about 11.7%. Average household size is 2.41 people.

The majority of houses, apartments or condos in Elizabeth City were built after 1966.

Statistics

Housing Size

Housing Units by Size
Studio Type1.20%
One Bedroom11.20%
Two Bedrooms32.50%
Three Bedrooms42.40%
Four Bedrooms10.60%
Five Bedrooms or more2.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.4
Median year structure was built1961
Median Value of occupied units$74,500
Median Price asked for vacant units$58,500

Rented Homes, Apartments and Condos

Average Household Size2.41
Median year structure was built1971
Median Monthly Rent asked for vacant units$395

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.60%
Home Equity Loan8.10%
Simple Mortgage46.50%
Debt Free38.80%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs22%