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South Carolina Real Estate


According to census data in the year 2000 there were 1,753,670 housing units in South Carolina. This represents a 23.1% from 1,424,155 in 1990.

Of those housing units, 1,073,283 were located in either urbanized areas or urban clusters, and 680,387 were located in what is classified as a rural area.

Homeownership rate in South Carolina is about 72.2%. South Carolina's vacancy rate, including seasonal lodging, is about 12.5%. Average household size is 2.53 people.

The majority of houses, apartments or condos in South Carolina were built after 1978.

Statistics

Housing Size

Housing Units by Size
Studio Type1%
One Bedroom7.3%
Two Bedrooms29.5%
Three Bedrooms48.3%
Four Bedrooms11.8%
Five Bedrooms or more2.1%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.61
Median year structure was built1979
Median Value of occupied units$94,900
Median Price asked for vacant units$81,300

Rented Homes, Apartments and Condos

Average Household Size2.32
Median year structure was built1975
Median Monthly Rent asked for vacant units$446

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.1%
Second Mortgage7.9%
Home Equity Loan8.8%
Simple Mortgage49.9%
Debt Free33.2%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs17.5%

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