Morganton, NC Real Estate
According to census data in the year 2000 there were 7,277 housing units in Morganton.
This represents a 11% growth from 6,558 in 1990.
Of those housing units, 7,170 were located in either urbanized areas or urban clusters, and 107 were located in what is classified as a rural area.
Homeownership rate in Morganton is about 56.8%.
Morganton's vacancy rate, including seasonal lodging, is about 6.3%.
Average household size is 2.29 people.
The majority of houses, apartments or condos in Morganton were built after 1967.
|Housing Units by Size|
|Five Bedrooms or more||2.90%|
Owned Homes, Apartments and Condos
|Average Household Size||2.32|
|Median year structure was built||1961|
|Median Value of occupied units||$92,300|
|Median Price asked for vacant units||$151,600|
Rented Homes, Apartments and Condos
|Average Household Size||2.26|
|Median year structure was built||1974|
|Median Monthly Rent asked for vacant units||$273|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||11.80%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||15.8%|