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Forest Oaks, NC Real Estate


According to census data in the year 2000 there were 1,249 housing units in Forest Oaks. This represents a 11.2% growth from 1,123 in 1990.

Of those housing units, 898 were located in either urbanized areas or urban clusters, and 351 were located in what is classified as a rural area.

Homeownership rate in Forest Oaks is about 96%. Forest Oaks's vacancy rate, including seasonal lodging, is about 2.3%. Average household size is 2.62 people.

The majority of houses, apartments or condos in Forest Oaks were built after 1976.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom1.40%
Two Bedrooms5.40%
Three Bedrooms46.10%
Four Bedrooms40.30%
Five Bedrooms or more6.80%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.59
Median year structure was built1976
Median Value of occupied units$156,600
Median Price asked for vacant units$143,800

Rented Homes, Apartments and Condos

Average Household Size3.24
Median year structure was built1964

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage10%
Home Equity Loan17.20%
Simple Mortgage48%
Debt Free24.80%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18.3%