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Elkin, NC Real Estate


According to census data in the year 2000 there were 1,907 housing units in Elkin. This represents a 6.1% growth from 1,798 in 1990.

Of those housing units, 1,841 were located in either urbanized areas or urban clusters, and 66 were located in what is classified as a rural area.

Homeownership rate in Elkin is about 62.7%. Elkin's vacancy rate, including seasonal lodging, is about 10.1%. Average household size is 2.31 people.

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

Statistics

Housing Size

Housing Units by Size
Studio Type1.30%
One Bedroom13.10%
Two Bedrooms42.60%
Three Bedrooms27.50%
Four Bedrooms11.60%
Five Bedrooms or more3.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.43
Median year structure was built1958
Median Value of occupied units$91,100
Median Price asked for vacant units$62,500

Rented Homes, Apartments and Condos

Average Household Size2.11
Median year structure was built1973
Median Monthly Rent asked for vacant units$393

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.60%
Home Equity Loan10.10%
Simple Mortgage38.70%
Debt Free46.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.3%