Forest City, NC Real Estate
According to census data in the year 2000 there were 3,673 housing units in Forest City.
This represents a 11% growth from 3,310 in 1990.
Of those housing units, 3,619 were located in either urbanized areas or urban clusters, and 54 were located in what is classified as a rural area.
Homeownership rate in Forest City is about 51%.
Forest City's vacancy rate, including seasonal lodging, is about 11%.
Average household size is 2.28 people.
The majority of houses, apartments or condos in Forest City were built after 1968.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.50% |
| One Bedroom | 10.60% |
| Two Bedrooms | 40.90% |
| Three Bedrooms | 40.80% |
| Four Bedrooms | 5.90% |
| Five Bedrooms or more | 1.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.28 |
| Median year structure was built | 1962 |
| Median Value of occupied units | $62,700 |
| Median Price asked for vacant units | $70,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.28 |
| Median year structure was built | 1975 |
| Median Monthly Rent asked for vacant units | $332 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.60% |
| Home Equity Loan | 6% |
| Simple Mortgage | 38.90% |
| Debt Free | 47.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.4% |
