Seven Lakes, NC Real Estate

According to census data in the year 2000 there were 1,544 housing units in Seven Lakes. This represents a 55.2% growth from 995 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 1,544 were located in what is classified as a rural area.

Homeownership rate in Seven Lakes is about 93.9%. Seven Lakes's vacancy rate, including seasonal lodging, is about 9.3%. Average household size is 2.19 people.

The majority of houses, apartments or condos in Seven Lakes were built after 1988.


Housing Size

Housing Units by Size
Studio Type0%
One Bedroom0%
Two Bedrooms12.50%
Three Bedrooms68.40%
Four Bedrooms16.20%
Five Bedrooms or more2.90%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.24
Median year structure was built1988
Median Value of occupied units$172,300
Median Price asked for vacant units$168,800

Rented Homes, Apartments and Condos

Average Household Size1.35
Median year structure was built1989
Median Monthly Rent asked for vacant units$675

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage1.50%
Home Equity Loan14%
Simple Mortgage43.70%
Debt Free40.80%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs14%