Cowpens, SC


Highest Appreciating Cowpens Neighborhoods Since 2000

Cowpens, 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

Cowpens Housing Market Information

With a population of 2,267, 750 total housing units (homes and apartments), and a median house value of $78,134, house prices in Cowpens are some of the most affordable in South Carolina as well as the nation.

Single-family detached homes are the single most common housing type in Cowpens, accounting for 74.20% of the town's housing units. Other types of housing that are prevalent in Cowpens include mobile homes or trailers ( 9.13%), large apartment complexes or high rise apartments ( 8.45%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 6.28%).

The most prevalent building size and type in Cowpens are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 61.04% owning and 38.96% renting.

There is a lot of housing in Cowpens 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 Cowpens built between 1940-1969 ( 39.50%). A lesser amount of the housing stock also hails from before 1939 ( 8.68%). There's also some housing in Cowpens built between 2000 and later ( 5.94%).

Vacant housing appears to be an issue in Cowpens. Fully 14.38% of the housing stock is classified as vacant. Left unchecked, vacant Cowpens homes and apartments can be a drag on the real estate market, holding Cowpens 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.

Cowpens Home Appreciation Rates

Real estate appreciation rates in Cowpens's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.52% during the period.

Over the last year, Cowpens appreciation rates have trailed the rest of the nation. In the last twelve months, Cowpens's appreciation rate has been 1.30%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Cowpens were at -3.08%, which equates to an annual appreciation rate of -11.77%.

Notably, Cowpens's appreciation rate in the latest quarter is one of the lowest in America.

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

Average Home Values


Median Home Value:


Value Range
> $1,051,000 0.4
$788,001 - $1,051,000 0.8
$526,001 - $788,000 0.0
$420,001 - $526,000 0.0
$315,001 - $420,000 0.0
$210,001 - $315,000 7.3
$105,001 - $210,000 24.6
$53,001 - $105,000 37.0
$0 - $53,000 30.0

Very Low for SC
Very Low for Nation

Value Relative to Nation Value Relative to State
91.6500644556428 80.6691449814126

Number Of Homes And Apartments:

Cowpens Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
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
15.93% 0.86% 2 2
* 10 is highest

Rent & Ownership


Average Market Rent:
$678 / per month

Homeownership Rate

Owners 61.04
Renters 38.96
Vacant 14.38

Housing Market Details


Age of Homes

2000 or Newer 5.9
1970 - 1999 45.9
1940 - 1969 39.5
1939 or Older 8.7

Types of Homes

Single-Family 74.2
Townhomes 1.9
Small Apt. Buildings 6.3
Apt. Complexes 8.4
Mobile Homes 9.1
Other 0.0

Home Size

No Bedroom 1.48
1 Bedroom 7.88
2 Bedrooms 31.96
3 Bedrooms 50.68
4 Bedrooms 7.42
5 or more bedrooms 0.57

Popular Neighborhoods in Cowpens

Zip Codes in Cowpens, SC