Cherryvale, SC Real Estate
According to census data in the year 2000 there were 1,246 housing units in Cherryvale.
This represents a 2.4% decline from 1,276 in 1990.
Of those housing units, 1,246 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Cherryvale is about 46.7%.
Cherryvale's vacancy rate, including seasonal lodging, is about 26.5%.
Average household size is 2.7 people.
The majority of houses, apartments or condos in Cherryvale were built after 1984.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.90% |
| One Bedroom | 5.90% |
| Two Bedrooms | 51.80% |
| Three Bedrooms | 36.80% |
| Four Bedrooms | 2.90% |
| Five Bedrooms or more | 0.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.16 |
| Median year structure was built | 1983 |
| Median Value of occupied units | $74,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.29 |
| Median year structure was built | 1985 |
| Median Monthly Rent asked for vacant units | $293 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 20.40% |
| Home Equity Loan | 0% |
| Simple Mortgage | 32.70% |
| Debt Free | 46.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 22.5% |
