North Augusta appreciation rates and housing market information

North Augusta housing market information

With 17,176 people, 7,844 houses or apartments, and a median cost of homes of $165,447, North Augusta real estate prices are well above average cost compared to national prices.

single-family detached homes are the single most common housing type in North Augusta, accounting for 69.63% of the city's housing units. Other types of housing that are prevalent in North Augusta include large apartment complexes or high rise apartments (13.41%), duplexes, homes converted to apartments, or other small apartment buildings (11.28%), row houses and other attached homes (4.54%), and a few mobile homes or trailers (1.13%).

Owner-occupied, three and four bedroom single-family detached homes are the most prevalent type of housing you will see in North Augusta. Owner-occupied housing accounts for 60.80% of North Augusta's homes, and 57.07% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in North Augusta built from 1970-1994, so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in North Augusta built from 1940-1969 (40.31%). A lesser amount of the housing stock also hails from 1995 and later (8.69%), and some were built from 1939 and earlier (8.69%).

North Augusta home appreciation rates

Real estate appreciation rates in North Augusta have tracked to near the national average over the last ten years, with the annual appreciation rate averaging 6.81% during the period.

NeighborhoodScout's data show that during the latest twelve months, North Augusta home appreciation rates, at 2.44%, have been at or slightly above the national average. In the latest quarter, North Augusta's appreciation rate has been 0.70%, which annualizes to a rate of 2.80%.

Relative to South Carolina, our data show that North Augusta's latest annual appreciation rate is higher than 65% of the other cities and towns in South Carolina.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within North Augusta differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in North Augusta - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 1990, to assist you in making the best North Augusta real estate investment or home purchase decisions.