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Grandfather, NC Real Estate


According to census data in the year 2000 there were 391 housing units in Grandfather. This represents a 1296.4% growth from 28 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 391 were located in what is classified as a rural area.

Homeownership rate in Grandfather is about 100%. Grandfather's vacancy rate, including seasonal lodging, is about 91.6%. Average household size is 2.48 people.

The majority of houses, apartments or condos in Grandfather were built after 1979.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom0%
Two Bedrooms45%
Three Bedrooms12.80%
Four Bedrooms29.90%
Five Bedrooms or more12.30%
As % of Housing Units
       

Owned Homes, Apartments and Condos

Average Household Size2.48
Median year structure was built1979
Median Value of occupied units$833,300

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan43.30%
Simple Mortgage26.70%
Debt Free30%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs23%