Friday, November 10, 2006

Housing Report for McDowell County, North Carolina

In the State of North Carolina, McDowell County ranks 67 of 100 in terms of percentage growth in new housing structures. The county ranks 1,264 of 3,141, compared to change in residential structure growth in counties throughout the Unities States.

In McDowell County, there were a total of 19,319 housing units in the year 2005. This represents a growth in housing units, adding in all 620 housing units since the year 2001, or 3.3 percent.

McDowell County recorded median owner-occupied home value in the year 2000 of $72,000, published by the Decennial Census. This home value is less than the State of North Carolina 2000 median home value of $108,300 and less than home value of $119,600 across the nation during that year.

There seems to be a large amount affordable residential real estate in McDowell County, North Carolina. In 2000, 84.7 percent of the homes were valued under $125,000.





Data Source: U.S. Census Bureau

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