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Property Values in Moore County, NC - August 2010

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Real Estate Agent with Hagan & Hagan GMAC Real Estate

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Moore County is located in North Carolina and as of 2000, the population was 74,769. The county seat is Carthage.

Founded in 1784, it was named for Alfred Moore, an officer in the American Revolutionary War and associate justice of the Supreme Court of the United States.

Moore County has many golf resorts in the Southern Pines/Pinehurst area, and has played host to the 1996 and 2001 Women's U.S. Opens as well as the 1999 and 2005 Men's U.S. Opens. The Women's Open returned to Southern Pines in 2007.

As a result of the area's rare combination of prestige and isolation, many celebrities escape to this area from time to time. Among those who frequent or have private homes in the area are Michael Jordan, Tiger Woods, Jack Nicklaus, and Sean Connery. Past residents of the area include Annie Oakley, Adlai Stevenson, Harvey Firestone, and John D. Rockefeller.

According to the U.S. Census Bureau, the county has a total area of 1,828 km² (706 sq mi). 1,807 km² (698 sq mi) of it is land and 21 km² (8 sq mi) of it (1.13%) is water.

As of the census² of 2000, there were 74,769 people, 30,713 households, and 21,959 families residing in the county. The population density was 41/km² (107/sq mi). There were 35,151 housing units at an average density of 19/km² (50/sq mi). The racial makeup of the county was 80.25% White, 15.50% Black or African American, 0.68% Native American, 0.44% Asian, 0.05% Pacific Islander, 2.20% from other races, and 0.88% from two or more races. 3.99% of the population were Hispanic or Latino of any race.

By 2005 78.0% of the county population was non-Hispanic whites. 5.1% of the population was Latino. 14.8% of the population was African-American.

There were 30,713 households out of which 26.70% had children under the age of 18 living with them, 58.10% were married couples living together, 10.20% had a female householder with no husband present, and 28.50% were non-families. 24.90% of all households were made up of individuals and 11.30% had someone living alone who was 65 years of age or older. The average household size was 2.38 and the average family size was 2.81.

In the county the population was spread out with 22.10% under the age of 18, 6.60% from 18 to 24, 25.80% from 25 to 44, 23.80% from 45 to 64, and 21.80% who were 65 years of age or older. The median age was 42 years. For every 100 females there were 93.00 males. For every 100 females age 18 and over, there were 89.80 males.

The median income for a household in the county was $41,240, and the median income for a family was $48,492. Males had a median income of $31,260 versus $23,526 for females. The per capita income for the county was $23,377. About 8.00% of families and 11.40% of the population were below the poverty line, including 16.60% of those under age 18 and 10.10% of those age 65 or over.

Cities and towns found in Moore County include: Cameron, Carthage, Foxfire, Pinebluff, Pinehurst, Robbins, Seven Lakes, Southern Pines, Taylortown, Vass, West End and Whispering Pines.

Housing Market Update

August 01, 2010 through to August 31, 2010 there were 48 Single Family Homes Sold. Average Sales Price of $235,661. Average Days on Market (DOM) was 148. During the same time there were 159 New Listings entering the market with the Average Asking Price $345,600. Currently there are 1066 homes listed sale for sale with the Average Asking Price $410,847. 

View a full and printable version of the Housing Market Update at our website and please contact us with your questions, comments and referrals.

Thank you for your interest and the privilege of serving you!

With our highest regard,                                                           

Wayne and Lynda Gomillion
Trusted Names in Real Estate

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