Easley, SC
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Easley, SC Real Estate Data


Easley Housing Market Information

With 20,765 people, 8,120 houses or apartments, and a median cost of homes of $155,312, Easley 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 Easley, accounting for 73.63% of the city's housing units. Other types of housing that are prevalent in Easley include large apartment complexes or high rise apartments ( 13.14%), duplexes, homes converted to apartments or other small apartment buildings ( 7.03%), and a few mobile homes or trailers ( 4.23%).

The most prevalent building size and type in Easley are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 63.16% owning and 36.84% renting.

There is a lot of housing in Easley 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 Easley built between 1940-1969 ( 25.59%). A lesser amount of the housing stock also hails from between 2000 and later ( 17.99%). There's also some housing in Easley built before 1939 ( 9.01%).

Easley Home Appreciation Rates

Appreciation rates for homes in Easley have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 10.44%, which ranks in the top 40% nationwide. This equates to an annual average Easley house appreciation rate of 1.00%.

Appreciation rates are so strong in Easley that despite a nationwide downturn in the housing market, Easley real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Easley appreciation rates continue to be some of the highest in America, at 8.25%, which is higher than appreciation rates in 92.76% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Easley. Easley appreciation rates in the latest quarter were at 3.00%, which equates to an annual appreciation rate of 12.57%.

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

Relative to South Carolina, our data show that Easley's latest annual appreciation rate is higher than 80% 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 city. Individual neighborhoods within Easley differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Easley - 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 Easley real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$155,312

Easley, SC HOME PRICES

Value Range
> $1,141,000 0.1
$856,001 - $1,141,000 0.4
$571,001 - $856,000 0.9
$457,001 - $571,000 1.7
$342,001 - $457,000 3.5
$228,001 - $342,000 12.9
$114,001 - $228,000 46.5
$57,001 - $114,000 23.8
$0 - $57,000 10.2

High for SC
Average for Nation

Value Relative to Nation Value Relative to State
48.4687005914388 24.5353159851301

Number Of Homes And Apartments:
8,120

Rent & Ownership

 

Average Market Rent:
$888 / per month

Homeownership Rate

Homeownership
Owners 63.16
Renters 36.84
Vacant 9.84

Housing Market Details

 

Age of Homes

AGE OF Easley HOMES
2000 or Newer 18.0
1970 - 1999 47.4
1940 - 1969 25.6
1939 or Older 9.0

Types of Homes

TYPE OF Easley HOMES
Single-Family 73.6
Townhomes 2.0
Small Apt. Buildings 7.0
Apt. Complexes 13.1
Mobile Homes 4.2
Other 0.0

Home Size

SIZE OF Easley HOMES
No Bedroom 1.81
1 Bedroom 6.28
2 Bedrooms 33.23
3 Bedrooms 43.24
4 Bedrooms 11.67
5 or more bedrooms 3.76

Easley Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
SC*
Compared To
America*
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
25.36% 1.34% 4 3
* 10 is highest