Buffalo, SC Real Estate
According to census data in the year 2000 there were 702 housing units in Buffalo.
This represents a 8.3% growth from 648 in 1990.
Of those housing units, 340 were located in either urbanized areas or urban clusters, and 362 were located in what is classified as a rural area.
Homeownership rate in Buffalo is about 70.8%.
Buffalo's vacancy rate, including seasonal lodging, is about 12.7%.
Average household size is 2.39 people.
The majority of houses, apartments or condos in Buffalo were built after 1954.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 5.60% |
| Two Bedrooms | 42% |
| Three Bedrooms | 40.90% |
| Four Bedrooms | 11.50% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.34 |
| Median year structure was built | 1949 |
| Median Value of occupied units | $44,500 |
| Median Price asked for vacant units | $82,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.52 |
| Median year structure was built | 1957 |
| Median Monthly Rent asked for vacant units | $243 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 13.30% |
| Home Equity Loan | 8.30% |
| Simple Mortgage | 33.10% |
| Debt Free | 45.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.9% |
