Wilmington, NC Real Estate
According to census data in the year 2000 there were 38,606 housing units in Wilmington.
This represents a 45.9% growth from 26,469 in 1990.
Of those housing units, 38,489 were located in either urbanized areas or urban clusters, and 117 were located in what is classified as a rural area.
Homeownership rate in Wilmington is about 48.6%.
Wilmington's vacancy rate, including seasonal lodging, is about 11.2%.
Average household size is 2.1 people.
The majority of houses, apartments or condos in Wilmington were built after 1974.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.40% |
| One Bedroom | 15.80% |
| Two Bedrooms | 35.90% |
| Three Bedrooms | 35% |
| Four Bedrooms | 9.70% |
| Five Bedrooms or more | 1.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.22 |
| Median year structure was built | 1970 |
| Median Value of occupied units | $128,400 |
| Median Price asked for vacant units | $125,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.98 |
| Median year structure was built | 1977 |
| Median Monthly Rent asked for vacant units | $594 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 7.90% |
| Home Equity Loan | 11.60% |
| Simple Mortgage | 46.90% |
| Debt Free | 33.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.1% |
