Sullivan's Island, SC Real Estate
According to census data in the year 2000 there were 1,045 housing units in Sullivan's Island.
This represents a 17.8% growth from 887 in 1990.
Of those housing units, 1,045 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Sullivan's Island is about 72.1%.
Sullivan's Island's vacancy rate, including seasonal lodging, is about 23.7%.
Average household size is 2.4 people.
The majority of houses, apartments or condos in Sullivan's Island were built after 1958.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.60% |
| One Bedroom | 7.50% |
| Two Bedrooms | 15% |
| Three Bedrooms | 35.80% |
| Four Bedrooms | 26.10% |
| Five Bedrooms or more | 15% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.55 |
| Median year structure was built | 1966 |
| Median Value of occupied units | $603,200 |
| Median Price asked for vacant units | $687,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2 |
| Median year structure was built | 1944 |
| Median Monthly Rent asked for vacant units | $1,104 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1.90% |
| Second Mortgage | 14.20% |
| Home Equity Loan | 14.90% |
| Simple Mortgage | 38.80% |
| Debt Free | 30.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.9% |
