Royal Pines, NC Real Estate
According to census data in the year 2000 there were 2,299 housing units in Royal Pines.
This represents a 23.3% growth from 1,865 in 1990.
Of those housing units, 2,299 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Royal Pines is about 77.4%.
Royal Pines's vacancy rate, including seasonal lodging, is about 8.2%.
Average household size is 2.51 people.
The majority of houses, apartments or condos in Royal Pines were built after 1978.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 5.70% |
| Two Bedrooms | 23.90% |
| Three Bedrooms | 48.40% |
| Four Bedrooms | 17.30% |
| Five Bedrooms or more | 4.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.56 |
| Median year structure was built | 1977 |
| Median Value of occupied units | $146,500 |
| Median Price asked for vacant units | $185,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.31 |
| Median year structure was built | 1982 |
| Median Monthly Rent asked for vacant units | $643 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1.60% |
| Second Mortgage | 7% |
| Home Equity Loan | 20.50% |
| Simple Mortgage | 43.50% |
| Debt Free | 27.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.1% |
