Spartanburg, SC Real Estate
According to census data in the year 2000 there were 17,712 housing units in Spartanburg.
This represents a 1.3% decline from 17,950 in 1990.
Of those housing units, 17,712 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Spartanburg is about 49.9%.
Spartanburg's vacancy rate, including seasonal lodging, is about 10%.
Average household size is 2.32 people.
The majority of houses, apartments or condos in Spartanburg were built after 1964.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.60% |
| One Bedroom | 15.30% |
| Two Bedrooms | 35.90% |
| Three Bedrooms | 35.20% |
| Four Bedrooms | 9.90% |
| Five Bedrooms or more | 2.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.45 |
| Median year structure was built | 1961 |
| Median Value of occupied units | $85,700 |
| Median Price asked for vacant units | $69,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.19 |
| Median year structure was built | 1968 |
| Median Monthly Rent asked for vacant units | $417 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.40% |
| Second Mortgage | 11.70% |
| Home Equity Loan | 8% |
| Simple Mortgage | 45.90% |
| Debt Free | 34% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.8% |
