Forest Acres, SC Real Estate
According to census data in the year 2000 there were 5,222 housing units in Forest Acres.
This represents a 42.5% growth from 3,664 in 1990.
Of those housing units, 5,222 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Forest Acres is about 71.2%.
Forest Acres's vacancy rate, including seasonal lodging, is about 4.8%.
Average household size is 2.12 people.
The majority of houses, apartments or condos in Forest Acres were built after 1965.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.20% |
| One Bedroom | 7% |
| Two Bedrooms | 29.60% |
| Three Bedrooms | 44.70% |
| Four Bedrooms | 14.60% |
| Five Bedrooms or more | 3.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.19 |
| Median year structure was built | 1964 |
| Median Value of occupied units | $123,700 |
| Median Price asked for vacant units | $114,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.95 |
| Median year structure was built | 1967 |
| Median Monthly Rent asked for vacant units | $522 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 7.60% |
| Home Equity Loan | 7% |
| Simple Mortgage | 48.50% |
| Debt Free | 36.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.6% |
