Andrews SC
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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Andrews, SC Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Andrews Housing Market Information

With 2,852 people, 1,094 houses or apartments, and a median cost of homes of $89,152, house prices in Andrews are solidly below the national average.

Single-family detached homes are the single most common housing type in Andrews, accounting for 62.30% of the town's housing units. Other types of housing that are prevalent in Andrews include mobile homes or trailers ( 26.73%), duplexes, homes converted to apartments or other small apartment buildings ( 5.67%), and a few row houses and other attached homes ( 3.61%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Andrews. Owner-occupied housing accounts for 65.54% of Andrews's homes, and 65.54% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Andrews built from 1970 to 1999 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 Andrews built between 1940-1969 ( 38.59%). A lesser amount of the housing stock also hails from between 2000 and later ( 8.84%). There's also some housing in Andrews built before 1939 ( 4.27%).

Vacant housing appears to be an issue in Andrews. Fully 19.44% of the housing stock is classified as vacant. Left unchecked, vacant Andrews homes and apartments can be a drag on the real estate market, holding Andrews real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Andrews Home Appreciation Rates

Some of the lowest real estate appreciation rates in America over the last ten years have been in Andrews, where house values have increased just 3.61%, which is annualized rate of 0.35%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.

NeighborhoodScout's data show that during the latest twelve months, Andrews's appreciation rate, at 4.53%, has been at or slightly above the national average. In the latest quarter, Andrews's appreciation rate has been 1.38%, which annualizes to a rate of 5.63%.

Relative to South Carolina, our data show that Andrews's latest annual appreciation rate is lower than 60% of the other cities and towns in South Carolina.

Average Home Values

 

Median Home Value:
$89,152

Andrews, SC HOME PRICES

Value Range
> $1,098,000 0.0
$824,001 - $1,098,000 0.0
$549,001 - $824,000 2.0
$439,001 - $549,000 0.0
$330,001 - $439,000 3.5
$220,001 - $330,000 8.2
$110,001 - $220,000 29.3
$55,001 - $110,000 27.2
$0 - $55,000 29.8

Low for SC
Very Low for Nation

Value Relative to Nation Value Relative to State
90.8963503649635 79.6296296296296

Number Of Homes And Apartments:
1,094

Andrews Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
SC*
Compared To
America*
Latest Quarter:
2020 Q1 - 2020 Q2
Last 12 Months:
2019 Q2 - 2020 Q2
Last 2 Years:
2018 Q2 - 2020 Q2
Last 5 Years:
2015 Q2 - 2020 Q2
Last 10 Years:
2010 Q2 - 2020 Q2
Since 2000:
2000 Q1 - 2020 Q2
52.85% 2.09%
5
4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$801 / per month

Homeownership Rate

Homeownership
Owners 65.54
Renters 34.46
Vacant 19.44

Housing Market Details

 

Age of Homes

AGE OF Andrews HOMES
2000 or Newer 8.8
1970 - 1999 48.3
1940 - 1969 38.6
1939 or Older 4.3

Types of Homes

TYPE OF Andrews HOMES
Single-Family 62.3
Townhomes 3.6
Small Apt. Buildings 5.7
Apt. Complexes 1.7
Mobile Homes 26.7
Other 0.0

Home Size

SIZE OF Andrews HOMES
No Bedroom 0.00
1 Bedroom 6.70
2 Bedrooms 21.72
3 Bedrooms 52.06
4 Bedrooms 13.48
5 or more bedrooms 6.04

Popular Communities Near Andrews, SC

Zip Codes in Andrews, SC