North Myrtle Beach, SC Real Estate
According to census data in the year 2000 there were 18,300 housing units in North Myrtle Beach.
This represents a 37.2% growth from 13,336 in 1990.
Of those housing units, 17,242 were located in either urbanized areas or urban clusters, and 1,058 were located in what is classified as a rural area.
Homeownership rate in North Myrtle Beach is about 73.3%.
North Myrtle Beach's vacancy rate, including seasonal lodging, is about 70.1%.
Average household size is 2.01 people.
The majority of houses, apartments or condos in North Myrtle Beach were built after 1984.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.10% |
| One Bedroom | 10.60% |
| Two Bedrooms | 41.50% |
| Three Bedrooms | 35.80% |
| Four Bedrooms | 9.40% |
| Five Bedrooms or more | 1.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 1.92 |
| Median year structure was built | 1984 |
| Median Value of occupied units | $142,600 |
| Median Price asked for vacant units | $163,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.26 |
| Median year structure was built | 1981 |
| Median Monthly Rent asked for vacant units | $907 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 3.50% |
| Home Equity Loan | 11.60% |
| Simple Mortgage | 47.30% |
| Debt Free | 37.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18% |
