Salem, SC Real Estate
According to census data in the year 2000 there were 70 housing units in Salem.
This represents a 23.9% decline from 92 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 70 were located in what is classified as a rural area.
Homeownership rate in Salem is about 54.7%.
Salem's vacancy rate, including seasonal lodging, is about 24.3%.
Average household size is 2.11 people.
The majority of houses, apartments or condos in Salem were built after 1963.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 5.70% |
| Two Bedrooms | 52.90% |
| Three Bedrooms | 41.40% |
| Four Bedrooms | 0% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.28 |
| Median year structure was built | 1965 |
| Median Value of occupied units | $92,000 |
| Median Price asked for vacant units | $55,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.92 |
| Median year structure was built | 1961 |
| Median Monthly Rent asked for vacant units | $190 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 16.70% |
| Simple Mortgage | 29.20% |
| Debt Free | 54.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17% |
