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Washington, NC Real Estate


According to census data in the year 2000 there were 4,398 housing units in Washington. This represents a 13.6% growth from 3,873 in 1990.

Of those housing units, 4,253 were located in either urbanized areas or urban clusters, and 145 were located in what is classified as a rural area.

Homeownership rate in Washington is about 51.2%. Washington's vacancy rate, including seasonal lodging, is about 9.7%. Average household size is 2.29 people.

The majority of houses, apartments or condos in Washington were built after 1967.

Statistics

Housing Size

Housing Units by Size
Studio Type0.60%
One Bedroom13.60%
Two Bedrooms30.80%
Three Bedrooms40.80%
Four Bedrooms10.80%
Five Bedrooms or more3.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.26
Median year structure was built1965
Median Value of occupied units$75,800
Median Price asked for vacant units$93,200

Rented Homes, Apartments and Condos

Average Household Size2.32
Median year structure was built1969
Median Monthly Rent asked for vacant units$266

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.40%
Home Equity Loan15.50%
Simple Mortgage41%
Debt Free37%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs19.3%