Batesburg-Leesville, SC
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Batesburg-Leesville Neighborhoods Since 2000




Batesburg-Leesville, 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

Batesburg-Leesville Housing Market Information

With a population of 5,441, 2,094 total housing units (homes and apartments), and a median house value of $93,707, the cost of homes in Batesburg-Leesville is among some of the lowest in the nation. Compared to South Carolina, however, Batesburg-Leesville real state is not on the lower end of the price spectrum.

Single-family detached homes are the single most common housing type in Batesburg-Leesville, accounting for 74.56% of the town's housing units. Other types of housing that are prevalent in Batesburg-Leesville include duplexes, homes converted to apartments or other small apartment buildings ( 10.29%), mobile homes or trailers ( 8.13%), and a few large apartment complexes or high rise apartments ( 5.73%).

The most prevalent building size and type in Batesburg-Leesville are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 62.39% owning and 37.61% renting.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Batesburg-Leesville's housing was primarily built during this period, from the '40s through the '60s. A full 41.91% of the town's housing hails from this era. Other housing ages represented in Batesburg-Leesville include homes built between 1970-1999 ( 35.35%) and housing constructed before 1939 ( 16.51%). There's also some housing in Batesburg-Leesville built between 2000 and later ( 6.22%).

Vacant housing appears to be an issue in Batesburg-Leesville. Fully 13.11% of the housing stock is classified as vacant. Left unchecked, vacant Batesburg-Leesville homes and apartments can be a drag on the real estate market, holding Batesburg-Leesville 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.

Batesburg-Leesville Home Appreciation Rates

Batesburg-Leesville's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Batesburg-Leesville during the period has been just -0.81%, which is lower than 70% of US communities.

Over the last year, Batesburg-Leesville appreciation rates have trailed the rest of the nation. In the last twelve months, Batesburg-Leesville's appreciation rate has been -2.20%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Batesburg-Leesville were at 0.33%, which equates to an annual appreciation rate of 1.34%.

Relative to South Carolina, our data show that Batesburg-Leesville's latest annual appreciation rate is lower than 90% 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 town. Individual neighborhoods within Batesburg-Leesville differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Batesburg-Leesville - 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 2000, to assist you in making the best Batesburg-Leesville real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$93,707

Batesburg-Leesville, SC HOME PRICES

Value Range
> $1,026,000 0.2
$770,001 - $1,026,000 0.0
$513,001 - $770,000 0.7
$411,001 - $513,000 0.7
$308,001 - $411,000 2.1
$205,001 - $308,000 11.6
$103,001 - $205,000 32.2
$51,001 - $103,000 27.4
$0 - $51,000 25.0

Average for SC
Very Low for Nation

Value Relative to Nation Value Relative to State
81.5539669518341 58.7360594795539

Number Of Homes And Apartments:
2,094

Batesburg-Leesville 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
32.72% 1.65% 5 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$858 / per month

Homeownership Rate

Homeownership
Owners 62.39
Renters 37.61
Vacant 13.11

Housing Market Details

 

Age of Homes

AGE OF Batesburg-Leesville HOMES
2000 or Newer 6.2
1970 - 1999 35.4
1940 - 1969 41.9
1939 or Older 16.5

Types of Homes

TYPE OF Batesburg-Leesville HOMES
Single-Family 74.6
Townhomes 1.3
Small Apt. Buildings 10.3
Apt. Complexes 5.7
Mobile Homes 8.1
Other 0.0

Home Size

SIZE OF Batesburg-Leesville HOMES
No Bedroom 7.10
1 Bedroom 4.40
2 Bedrooms 21.12
3 Bedrooms 61.37
4 Bedrooms 5.39
5 or more bedrooms 0.62