Home

Norman, NC Real Estate


According to census data in the year 2000 there were 53 housing units in Norman. This represents a 8.2% growth from 49 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 53 were located in what is classified as a rural area.

Homeownership rate in Norman is about 76.7%. Norman's vacancy rate, including seasonal lodging, is about 43.4%. Average household size is 2.5 people.

The majority of houses, apartments or condos in Norman were built after 1953.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom0%
Two Bedrooms34%
Three Bedrooms37.70%
Four Bedrooms24.50%
Five Bedrooms or more3.80%
As % of Housing Units
       

Owned Homes, Apartments and Condos

Average Household Size2.87
Median year structure was built1948
Median Value of occupied units$32,500
Median Price asked for vacant units$110,000

Rented Homes, Apartments and Condos

Average Household Size1.29
Median year structure was built1968

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan0%
Simple Mortgage14.30%
Debt Free85.70%
As % of Housing Units
   
Median part of Monthly Household Income dedicated to covering home ownership costs25.8%