Isle of Palms, SC Real Estate
According to census data in the year 2000 there were 3,881 housing units in Isle of Palms.
This represents a 26.7% growth from 3,063 in 1990.
Of those housing units, 3,832 were located in either urbanized areas or urban clusters, and 49 were located in what is classified as a rural area.
Homeownership rate in Isle of Palms is about 80.1%.
Isle of Palms's vacancy rate, including seasonal lodging, is about 50%.
Average household size is 2.36 people.
The majority of houses, apartments or condos in Isle of Palms were built after 1981.
|Housing Units by Size|
|Five Bedrooms or more||7.60%|
Owned Homes, Apartments and Condos
|Average Household Size||2.41|
|Median year structure was built||1982|
|Median Value of occupied units||$423,100|
|Median Price asked for vacant units||$545,500|
Rented Homes, Apartments and Condos
|Average Household Size||2.15|
|Median year structure was built||1971|
|Median Monthly Rent asked for vacant units||$2,001|
Owners Finance Status
|Second Mortgage & Equity Loan||1.20%|
|Home Equity Loan||17.30%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||19.7%|