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Spartanburg, SC Real Estate


According to census data in the year 2000 there were 17,712 housing units in Spartanburg. This represents a 1.3% decline from 17,950 in 1990.

Of those housing units, 17,712 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Spartanburg is about 49.9%. Spartanburg's vacancy rate, including seasonal lodging, is about 10%. Average household size is 2.32 people.

The majority of houses, apartments or condos in Spartanburg were built after 1964.

Statistics

Housing Size

Housing Units by Size
Studio Type1.60%
One Bedroom15.30%
Two Bedrooms35.90%
Three Bedrooms35.20%
Four Bedrooms9.90%
Five Bedrooms or more2.10%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.45
Median year structure was built1961
Median Value of occupied units$85,700
Median Price asked for vacant units$69,800

Rented Homes, Apartments and Condos

Average Household Size2.19
Median year structure was built1968
Median Monthly Rent asked for vacant units$417

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage11.70%
Home Equity Loan8%
Simple Mortgage45.90%
Debt Free34%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs17.8%