South Hill, VA Real Estate
According to census data in the year 2000 there were 1,927 housing units in South Hill.
This represents a 5.8% growth from 1,822 in 1990.
Of those housing units, 1,745 were located in either urbanized areas or urban clusters, and 182 were located in what is classified as a rural area.
Homeownership rate in South Hill is about 60.4%.
South Hill's vacancy rate, including seasonal lodging, is about 6.6%.
Average household size is 2.35 people.
The majority of houses, apartments or condos in South Hill were built after 1970.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 6.20% |
| Two Bedrooms | 34% |
| Three Bedrooms | 47.40% |
| Four Bedrooms | 8.80% |
| Five Bedrooms or more | 3.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.3 |
| Median year structure was built | 1968 |
| Median Value of occupied units | $88,800 |
| Median Price asked for vacant units | $89,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.42 |
| Median year structure was built | 1972 |
| Median Monthly Rent asked for vacant units | $318 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.10% |
| Home Equity Loan | 7.30% |
| Simple Mortgage | 39.90% |
| Debt Free | 45.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.2% |
