Dillon, SC


Highest Appreciating Dillon Neighborhoods Since 2000

Dillon, SC Real Estate Data

Dillon Housing Market Information

With 6,677 people, 2,472 houses or apartments, and a median cost of homes of $95,452, the cost of homes in Dillon is among some of the lowest in the nation. Compared to South Carolina, however, Dillon real state is not on the lower end of the price spectrum.

Single-family detached homes are the single most common housing type in Dillon, accounting for 74.09% of the city's housing units. Other types of housing that are prevalent in Dillon include duplexes, homes converted to apartments or other small apartment buildings ( 15.43%), large apartment complexes or high rise apartments ( 5.41%), and a few mobile homes or trailers ( 4.29%).

The most prevalent building size and type in Dillon are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 46.42% owning and 53.58% renting.

There is a lot of housing in Dillon 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 Dillon built between 1940-1969 ( 41.55%). A lesser amount of the housing stock also hails from before 1939 ( 6.75%). There's also some housing in Dillon built between 2000 and later ( 6.15%).

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

Dillon Home Appreciation Rates

In the last 10 years, Dillon has experienced some of the highest home appreciation rates of any community in the nation. Dillon real estate appreciated 18.36% over the last ten years, which is an average annual home appreciation rate of 1.70%, putting Dillon in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Dillon 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 Dillon that despite a nationwide downturn in the housing market, Dillon real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Dillon appreciation rates continue to be some of the highest in America, at 5.85%, which is higher than appreciation rates in 72.06% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Dillon. Dillon appreciation rates in the latest quarter were at -0.61%, which equates to an annual appreciation rate of -2.43%.

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

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

Average Home Values


Median Home Value:


Value Range
> $1,093,000 0.0
$820,001 - $1,093,000 0.0
$546,001 - $820,000 0.0
$438,001 - $546,000 0.0
$328,001 - $438,000 2.8
$219,001 - $328,000 8.9
$109,001 - $219,000 26.5
$55,001 - $109,000 36.6
$0 - $55,000 25.2

Average for SC
Very Low for Nation

Value Relative to Nation Value Relative to State
81.8117936405692 59.4795539033457

Number Of Homes And Apartments:

Rent & Ownership


Average Market Rent:
$776 / per month

Homeownership Rate

Owners 46.42
Renters 53.58
Vacant 13.11

Housing Market Details


Age of Homes

2000 or Newer 6.2
1970 - 1999 45.6
1940 - 1969 41.5
1939 or Older 6.7

Types of Homes

Single-Family 74.1
Townhomes 0.8
Small Apt. Buildings 15.4
Apt. Complexes 5.4
Mobile Homes 4.3
Other 0.0

Home Size

No Bedroom 1.27
1 Bedroom 9.95
2 Bedrooms 28.58
3 Bedrooms 50.44
4 Bedrooms 7.42
5 or more bedrooms 2.36

Dillon Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
55.41% 2.63% 10 7
* 10 is highest

Zip Codes in Dillon, SC