Housing Report for Mecklenburg County, North Carolina
In Mecklenburg County, the census reported 357,016 homes in 2005. The county has experienced a growth in housing units, adding all together 46,366 housing units since the year 2001, or 14.9 percent.
The residential home values in Mecklenburg County, North Carolina have moderate increases from the housing values in 2000. The residential values have increased by $24,700, or 17.4 percent, since 2000 when they were valued at $141,800.
When compared to other counties in North Carolina, Mecklenburg County ranks 6 of 100 in terms of percentage growth in new housing structures. The county ranks 121 of 3,141, compared to change in residential structure growth in counties throughout the Unities States.
Mecklenburg County had an owner-occupied dwelling median in 2005 of $166,500, published by the American Community Survey. This home value is greater than the North Carolina 2005 home median value of $127,600 and less than home value of $167,500 across the United States during the same year.
Mecklenburg County may be be described as having a relatively high percentage of high-priced residential real estate. In 2005, the American Community Survey reports that 8.5 percent residential property is valued over $500k.
According to the data, there is a fair amount of affordable housing in Mecklenburg County, North Carolina. In 2005, 26.8 percent of housing was valued under $125k.
Data Source: U.S. Census Bureau
The residential home values in Mecklenburg County, North Carolina have moderate increases from the housing values in 2000. The residential values have increased by $24,700, or 17.4 percent, since 2000 when they were valued at $141,800.
When compared to other counties in North Carolina, Mecklenburg County ranks 6 of 100 in terms of percentage growth in new housing structures. The county ranks 121 of 3,141, compared to change in residential structure growth in counties throughout the Unities States.
Mecklenburg County had an owner-occupied dwelling median in 2005 of $166,500, published by the American Community Survey. This home value is greater than the North Carolina 2005 home median value of $127,600 and less than home value of $167,500 across the United States during the same year.
Mecklenburg County may be be described as having a relatively high percentage of high-priced residential real estate. In 2005, the American Community Survey reports that 8.5 percent residential property is valued over $500k.
According to the data, there is a fair amount of affordable housing in Mecklenburg County, North Carolina. In 2005, 26.8 percent of housing was valued under $125k.
Data Source: U.S. Census Bureau
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