Drexel, NC Real Estate

According to census data in the year 2000 there were 835 housing units in Drexel. This represents a 14.9% growth from 727 in 1990.

Of those housing units, 835 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Drexel is about 67.5%. Drexel's vacancy rate, including seasonal lodging, is about 6.3%. Average household size is 2.38 people.

The majority of houses, apartments or condos in Drexel were built after 1968.


Housing Size

Housing Units by Size
Studio Type0.10%
One Bedroom10.70%
Two Bedrooms45.30%
Three Bedrooms34.70%
Four Bedrooms7.90%
Five Bedrooms or more1.30%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.48
Median year structure was built1968
Median Value of occupied units$80,300
Median Price asked for vacant units$48,300

Rented Homes, Apartments and Condos

Average Household Size2.19
Median year structure was built1969
Median Monthly Rent asked for vacant units$313

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7.50%
Home Equity Loan9.40%
Simple Mortgage43.30%
Debt Free39.80%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs17.2%