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South Boston, VA Real Estate


According to census data in the year 2000 there were 3,909 housing units in South Boston. This represents a 30.4% growth from 2,997 in 1990.

Of those housing units, 3,493 were located in either urbanized areas or urban clusters, and 416 were located in what is classified as a rural area.

Homeownership rate in South Boston is about 61.5%. South Boston's vacancy rate, including seasonal lodging, is about 11.7%. Average household size is 2.25 people.

The majority of houses, apartments or condos in South Boston were built after 1968.

Statistics

Housing Size

Housing Units by Size
Studio Type1.30%
One Bedroom10.60%
Two Bedrooms33.70%
Three Bedrooms40.60%
Four Bedrooms12%
Five Bedrooms or more1.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.37
Median year structure was built1967
Median Value of occupied units$72,800
Median Price asked for vacant units$63,900

Rented Homes, Apartments and Condos

Average Household Size2.06
Median year structure was built1969
Median Monthly Rent asked for vacant units$287

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.70%
Home Equity Loan9.50%
Simple Mortgage43.60%
Debt Free41.20%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.9%