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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With a population of 8,532, 3,300 total housing units (homes and apartments), and a median house value of $159,386, Boiling Springs real estate and house prices are near the national average for all cities and towns.
Single-family detached homes are the single most common housing type in Boiling Springs, accounting for 80.90% of the town's housing units. Other types of housing that are prevalent in Boiling Springs include large apartment complexes or high rise apartments ( 11.11%), row houses and other attached homes ( 3.38%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.70%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Boiling Springs. Owner-occupied housing accounts for 76.45% of Boiling Springs's homes, and 75.39% have either three or four bedrooms, which is average sized relative to America.
Boiling Springs homes and real estate are some of the newest in America. 49.59% of Boiling Springs's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Boiling Springs real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 44.64%), and between 1940-1969 ( 4.73%). There's also some housing in Boiling Springs built before 1939 ( 1.04%).
Appreciation rates for homes in Boiling Springs have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 3.11%, which ranks in the top 50% nationwide. This equates to an annual average Boiling Springs house appreciation rate of 0.31%.
NeighborhoodScout's data show that during the latest twelve months, Boiling Springs's appreciation rate, at 3.28%, has been at or slightly above the national average. In the latest quarter, Boiling Springs's appreciation rate has been -3.08%, which annualizes to a rate of -11.77%.
Notably, Boiling Springs's appreciation rate in the latest quarter is one of the lowest in America.
Relative to South Carolina, our data show that Boiling Springs's latest annual appreciation rate is higher than 50% of the other cities and towns in South Carolina.
|$821,001 - $1,095,000||0.0|
|$548,001 - $821,000||0.0|
|$438,001 - $548,000||2.8|
|$328,001 - $438,000||7.4|
|$219,001 - $328,000||19.0|
|$109,001 - $219,000||57.7|
|$55,001 - $109,000||9.2|
|$0 - $55,000||3.0|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
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
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Boiling Springs HOMES|
|2000 or Newer||49.6|
|1970 - 1999||44.6|
|1940 - 1969||4.7|
|1939 or Older||1.0|
|TYPE OF Boiling Springs HOMES|
|Small Apt. Buildings||2.7|
|SIZE OF Boiling Springs HOMES|
|5 or more bedrooms||1.13|