Newberry, SC Real Estate
According to census data in the year 2000 there were 4,374 housing units in Newberry.
This represents a 3.1% growth from 4,243 in 1990.
Of those housing units, 4,351 were located in either urbanized areas or urban clusters, and 23 were located in what is classified as a rural area.
Homeownership rate in Newberry is about 55.9%.
Newberry's vacancy rate, including seasonal lodging, is about 9.2%.
Average household size is 2.4 people.
The majority of houses, apartments or condos in Newberry were built after 1963.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.20% |
| One Bedroom | 14.40% |
| Two Bedrooms | 35.10% |
| Three Bedrooms | 38.90% |
| Four Bedrooms | 7.40% |
| Five Bedrooms or more | 3% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.52 |
| Median year structure was built | 1955 |
| Median Value of occupied units | $67,200 |
| Median Price asked for vacant units | $43,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.24 |
| Median year structure was built | 1972 |
| Median Monthly Rent asked for vacant units | $297 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.20% |
| Home Equity Loan | 9.10% |
| Simple Mortgage | 37.60% |
| Debt Free | 46.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.7% |
