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Elgin Town, SC Real Estate


According to census data in the year 2000 there were 331 housing units in Elgin Town. This represents a 43.3% growth from 231 in 1990.

Of those housing units, 329 were located in either urbanized areas or urban clusters, and 2 were located in what is classified as a rural area.

Homeownership rate in Elgin Town is about 90.1%. Elgin Town's vacancy rate, including seasonal lodging, is about 8.2%. Average household size is 2.84 people.

The majority of houses, apartments or condos in Elgin Town were built after 1982.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom0.60%
Two Bedrooms15.70%
Three Bedrooms69.80%
Four Bedrooms13.90%
Five Bedrooms or more0%
As % of Housing Units
       

Owned Homes, Apartments and Condos

Average Household Size2.79
Median year structure was built1983
Median Value of occupied units$93,300
Median Price asked for vacant units$87,500

Rented Homes, Apartments and Condos

Average Household Size3.3
Median year structure was built1980
Median Monthly Rent asked for vacant units$675

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage11.70%
Home Equity Loan8.20%
Simple Mortgage64.20%
Debt Free16%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.9%