Red Bank, SC Real Estate
According to census data in the year 2000 there were 3,471 housing units in Red Bank.
This represents a 60.5% growth from 2,163 in 1990.
Of those housing units, 3,057 were located in either urbanized areas or urban clusters, and 414 were located in what is classified as a rural area.
Homeownership rate in Red Bank is about 85.4%.
Red Bank's vacancy rate, including seasonal lodging, is about 6.7%.
Average household size is 2.66 people.
The majority of houses, apartments or condos in Red Bank were built after 1985.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 2.60% |
| Two Bedrooms | 16.90% |
| Three Bedrooms | 71.60% |
| Four Bedrooms | 7.30% |
| Five Bedrooms or more | 1.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.7 |
| Median year structure was built | 1986 |
| Median Value of occupied units | $89,300 |
| Median Price asked for vacant units | $83,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.46 |
| Median year structure was built | 1981 |
| Median Monthly Rent asked for vacant units | $378 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.80% |
| Second Mortgage | 11% |
| Home Equity Loan | 11% |
| Simple Mortgage | 64.20% |
| Debt Free | 13% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.3% |
