Albemarle, NC Real Estate

According to census data in the year 2000 there were 6,903 housing units in Albemarle. This represents a 5.5% growth from 6,542 in 1990.

Of those housing units, 6,715 were located in either urbanized areas or urban clusters, and 188 were located in what is classified as a rural area.

Homeownership rate in Albemarle is about 63.6%. Albemarle's vacancy rate, including seasonal lodging, is about 9.7%. Average household size is 2.44 people.

The majority of houses, apartments or condos in Albemarle were built after 1963.


Housing Size

Housing Units by Size
Studio Type0.70%
One Bedroom11.50%
Two Bedrooms34.80%
Three Bedrooms43.60%
Four Bedrooms7.20%
Five Bedrooms or more2.20%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.51
Median year structure was built1960
Median Value of occupied units$82,000
Median Price asked for vacant units$66,600

Rented Homes, Apartments and Condos

Average Household Size2.32
Median year structure was built1970
Median Monthly Rent asked for vacant units$355

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage5.10%
Home Equity Loan8%
Simple Mortgage45.90%
Debt Free40.80%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs19%