Andrews, SC
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Andrews Neighborhoods Since 2000




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 Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

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

Andrews Housing Market Information

With 2,888 people, 1,006 houses or apartments, and a median cost of homes of $95,898, the cost of homes in Andrews is among some of the lowest in the nation. Compared to South Carolina, however, Andrews real state is not on the lower end of the price spectrum.

Single-family detached homes are the single most common housing type in Andrews, accounting for 67.44% of the town's housing units. Other types of housing that are prevalent in Andrews include mobile homes or trailers ( 22.84%), duplexes, homes converted to apartments or other small apartment buildings ( 4.82%), and a few large apartment complexes or high rise apartments ( 4.04%).

The most prevalent building size and type in Andrews are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 63.52% owning and 36.48% renting.

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 ( 38.85%). A lesser amount of the housing stock also hails from before 1939 ( 7.61%). There's also some housing in Andrews built between 2000 and later ( 7.30%).

Vacant housing appears to be an issue in Andrews. Fully 21.83% 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

Andrews's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Andrews during the period has been just -0.83%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Andrews's appreciation rate, at 3.24%, has been at or slightly above the national average. In the latest quarter, Andrews's appreciation rate has been 1.10%, which annualizes to a rate of 4.47%.

Relative to South Carolina, our data show that Andrews's latest annual appreciation rate is higher than 50% of the other cities and towns in South Carolina.

Average Home Values

 

Median Home Value:
$95,898

Andrews, SC HOME PRICES

Value Range
> $1,114,000 0.0
$836,001 - $1,114,000 0.1
$557,001 - $836,000 0.3
$446,001 - $557,000 0.0
$334,001 - $446,000 1.3
$223,001 - $334,000 7.0
$111,001 - $223,000 35.3
$56,001 - $111,000 21.6
$0 - $56,000 34.4

Average for SC
Very Low for Nation

Value Relative to Nation Value Relative to State
80.2531348880816 57.9925650557621

Number Of Homes And Apartments:
1,006

Andrews Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
SC*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
41.81% 2.05% 8 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$766 / per month

Homeownership Rate

Homeownership
Owners 63.52
Renters 36.48
Vacant 21.83

Housing Market Details

 

Age of Homes

AGE OF Andrews HOMES
2000 or Newer 7.3
1970 - 1999 46.2
1940 - 1969 38.9
1939 or Older 7.6

Types of Homes

TYPE OF Andrews HOMES
Single-Family 67.4
Townhomes 0.9
Small Apt. Buildings 4.8
Apt. Complexes 4.0
Mobile Homes 22.8
Other 0.0

Home Size

SIZE OF Andrews HOMES
No Bedroom 1.79
1 Bedroom 3.57
2 Bedrooms 21.45
3 Bedrooms 55.24
4 Bedrooms 13.99
5 or more bedrooms 3.96

Popular Communities Near Andrews, SC

Zip Codes in Andrews, SC