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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Boiling Springs, SC Real Estate Market

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 Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Boiling Springs, SC Housing Market Trends

With 10,405 people, 4,378 houses or apartments, and a median cost of homes of $333,453, Boiling Springs real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Boiling Springs, accounting for 80.83% of the town's housing units. Other types of housing that are prevalent in Boiling Springs include large apartment complexes or high rise apartments ( 11.61%), mobile homes or trailers ( 3.95%), and a few row houses and other attached homes ( 2.16%).

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 81.88% of Boiling Springs's homes, and 68.92% 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. 56.22% 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 ( 36.19%), and between 1940-1969 ( 6.57%). There's also some housing in Boiling Springs built before 1939 ( 1.02%).

Boiling Springs Home Appreciation Rates

In the last 10 years, Boiling Springs has experienced some of the highest home appreciation rates of any community in the nation. Boiling Springs real estate appreciated 118.50% over the last ten years, which is an average annual home appreciation rate of 8.13%, putting Boiling Springs in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Boiling Springs definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Appreciation rates are so strong in Boiling Springs that despite a nationwide downturn in the housing market, Boiling Springs real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Boiling Springs appreciation rates continue to be some of the highest in America, at 8.92%, which is higher than appreciation rates in 91.28% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Boiling Springs. Boiling Springs appreciation rates in the latest quarter were at 5.96%, which equates to an annual appreciation rate of 26.04%.

Importantly, this makes Boiling Springs one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

Relative to South Carolina, our data show that Boiling Springs's latest annual appreciation rate is higher than 80% of the other cities and towns in South Carolina.

Average Home Values

Median Home Value

$333,453

Boiling Springs, SC Home Prices
> $1,463,000
$1,098,001 - $1,463,000
$731,001 - $1,098,000
$585,001 - $731,000
$439,001 - $585,000
$293,001 - $439,000
$146,001 - $293,000
$73,001 - $146,000
$0 - $73,000
0.4%
0.4%
0.7%
0.7%
2.5%
2.5%
6.0%
6.0%
14.9%
14.9%
27.4%
27.4%
42.9%
42.9%
2.0%
2.0%
3.3%
3.3%
0% 100.0%
% of Homes
Very High

for South carolina

High

for nation

Number of Homes And Apartments:

4,378

Boiling Springs Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,787 / per month

Homeownership Rate

Owners
Renters
81.9%
81.9%
18.1%
18.1%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
0.5%
0.5%
99.5%
99.5%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
56.2%
56.2%
36.2%
36.2%
6.6%
6.6%
1.0%
1.0%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
80.8%
80.8%
2.2%
2.2%
1.5%
1.5%
11.6%
11.6%
4.0%
4.0%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
1.1%
1.1%
9.2%
9.2%
16.0%
16.0%
47.8%
47.8%
21.1%
21.1%
4.9%
4.9%
0% 100.0%
% of Homes

Popular Neighborhoods in Boiling Springs

Zip Codes in Boiling Springs, SC