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Locust, NC Real Estate


According to census data in the year 2000 there were 986 housing units in Locust. This represents a 33.4% growth from 739 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 986 were located in what is classified as a rural area.

Homeownership rate in Locust is about 79.7%. Locust's vacancy rate, including seasonal lodging, is about 6.5%. Average household size is 2.62 people.

The majority of houses, apartments or condos in Locust were built after 1970.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom2.80%
Two Bedrooms27.90%
Three Bedrooms62.80%
Four Bedrooms6%
Five Bedrooms or more0.50%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.77
Median year structure was built1973
Median Value of occupied units$98,700
Median Price asked for vacant units$55,000

Rented Homes, Apartments and Condos

Average Household Size2.03
Median year structure was built1960
Median Monthly Rent asked for vacant units$388

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage9.50%
Home Equity Loan11.60%
Simple Mortgage48.60%
Debt Free30.30%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18.8%