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Lake Lure, NC Real Estate


According to census data in the year 2000 there were 1,935 housing units in Lake Lure. This represents a 67.5% growth from 1,155 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 1,935 were located in what is classified as a rural area.

Homeownership rate in Lake Lure is about 86.3%. Lake Lure's vacancy rate, including seasonal lodging, is about 74.8%. Average household size is 2 people.

The majority of houses, apartments or condos in Lake Lure were built after 1981.

Statistics

Housing Size

Housing Units by Size
Studio Type5.70%
One Bedroom7.30%
Two Bedrooms48.20%
Three Bedrooms28.60%
Four Bedrooms7.20%
Five Bedrooms or more3%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.02
Median year structure was built1983
Median Value of occupied units$203,700
Median Price asked for vacant units$119,600

Rented Homes, Apartments and Condos

Average Household Size1.84
Median year structure was built1956
Median Monthly Rent asked for vacant units$2,001

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.30%
Home Equity Loan5.40%
Simple Mortgage39.70%
Debt Free50.50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18.2%