Summit, SC Real Estate
According to census data in the year 2000 there were 100 housing units in Summit.
This represents a 16.3% growth from 86 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 100 were located in what is classified as a rural area.
Homeownership rate in Summit is about 86.7%.
Summit's vacancy rate, including seasonal lodging, is about 10%.
Average household size is 2.29 people.
The majority of houses, apartments or condos in Summit were built after 1979.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 0% |
| Two Bedrooms | 42% |
| Three Bedrooms | 52% |
| Four Bedrooms | 4% |
| Five Bedrooms or more | 2% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.42 |
| Median year structure was built | 1980 |
| Median Value of occupied units | $83,900 |
| Median Price asked for vacant units | $100,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.42 |
| Median year structure was built | 1975 |
| Median Monthly Rent asked for vacant units | $425 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 15.40% |
| Home Equity Loan | 10.30% |
| Simple Mortgage | 41% |
| Debt Free | 33.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.6% |
