Pasquotank / Lumber Mill median real estate price is $183,285, which is more expensive than 65.8% of the neighborhoods in North Carolina and 48.7% of the neighborhoods in the U.S.
The average rental price in Pasquotank / Lumber Mill is currently $1,155, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 75.4% of the neighborhoods in North Carolina.
Pasquotank / Lumber Mill is a rural neighborhood (based on population density) located in Elizabeth City, North Carolina. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
Pasquotank / Lumber Mill real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Pasquotank / Lumber Mill neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
Pasquotank / Lumber Mill has a 11.7% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 62.1% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.