South Boston, VA Real Estate
According to census data in the year 2000 there were 3,909 housing units in South Boston.
This represents a 30.4% growth from 2,997 in 1990.
Of those housing units, 3,493 were located in either urbanized areas or urban clusters, and 416 were located in what is classified as a rural area.
Homeownership rate in South Boston is about 61.5%.
South Boston's vacancy rate, including seasonal lodging, is about 11.7%.
Average household size is 2.25 people.
The majority of houses, apartments or condos in South Boston were built after 1968.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.30% |
| One Bedroom | 10.60% |
| Two Bedrooms | 33.70% |
| Three Bedrooms | 40.60% |
| Four Bedrooms | 12% |
| Five Bedrooms or more | 1.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.37 |
| Median year structure was built | 1967 |
| Median Value of occupied units | $72,800 |
| Median Price asked for vacant units | $63,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.06 |
| Median year structure was built | 1969 |
| Median Monthly Rent asked for vacant units | $287 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.70% |
| Home Equity Loan | 9.50% |
| Simple Mortgage | 43.60% |
| Debt Free | 41.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.9% |
