Fountain Inn, SC
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Fountain Inn Neighborhoods Since 2000




Fountain Inn, SC Real Estate Data


Fountain Inn Housing Market Information

With 8,317 people, 3,092 houses or apartments, and a median cost of homes of $132,117, house prices in Fountain Inn are solidly below the national average.

Single-family detached homes are the single most common housing type in Fountain Inn, accounting for 77.70% of the city's housing units. Other types of housing that are prevalent in Fountain Inn include duplexes, homes converted to apartments or other small apartment buildings ( 8.75%), mobile homes or trailers ( 7.43%), and a few large apartment complexes or high rise apartments ( 5.95%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Fountain Inn. Owner-occupied housing accounts for 69.05% of Fountain Inn's homes, and 72.86% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Fountain Inn 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 Fountain Inn built between 2000 and later ( 27.14%). A lesser amount of the housing stock also hails from between 1940-1969 ( 17.14%). There's also some housing in Fountain Inn built before 1939 ( 4.20%).

Fountain Inn Home Appreciation Rates

Appreciation rates for homes in Fountain Inn have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 13.55%, which ranks in the top 30% nationwide. This equates to an annual average Fountain Inn house appreciation rate of 1.28%.

Appreciation rates are so strong in Fountain Inn that despite a nationwide downturn in the housing market, Fountain Inn real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Fountain Inn appreciation rates continue to be some of the highest in America, at 8.71%, which is higher than appreciation rates in 94.73% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Fountain Inn. Fountain Inn appreciation rates in the latest quarter were at 3.00%, which equates to an annual appreciation rate of 12.57%.

Importantly, this makes Fountain Inn 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 Fountain Inn's latest annual appreciation rate is higher than 90% of the other cities and towns in South Carolina.

Average Home Values

 

Median Home Value:
$132,117

Fountain Inn, SC HOME PRICES

Value Range
> $1,180,000 1.1
$886,001 - $1,180,000 0.0
$590,001 - $886,000 0.3
$473,001 - $590,000 0.4
$353,001 - $473,000 1.9
$236,001 - $353,000 9.9
$118,001 - $236,000 50.2
$59,001 - $118,000 22.8
$0 - $59,000 13.5

High for SC
Average for Nation

Value Relative to Nation Value Relative to State
59.6533348948879 33.457249070632

Number Of Homes And Apartments:
3,092

Rent & Ownership

 

Average Market Rent:
$1,038 / per month

Homeownership Rate

Homeownership
Owners 69.05
Renters 30.95
Vacant 9.85

Housing Market Details

 

Age of Homes

AGE OF Fountain Inn HOMES
2000 or Newer 27.1
1970 - 1999 51.5
1940 - 1969 17.1
1939 or Older 4.2

Types of Homes

TYPE OF Fountain Inn HOMES
Single-Family 77.7
Townhomes 0.2
Small Apt. Buildings 8.7
Apt. Complexes 5.9
Mobile Homes 7.4
Other 0.0

Home Size

SIZE OF Fountain Inn HOMES
No Bedroom 2.71
1 Bedroom 4.08
2 Bedrooms 19.74
3 Bedrooms 57.87
4 Bedrooms 14.99
5 or more bedrooms 0.61

Fountain Inn 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
30.10% 1.56% 5 3
* 10 is highest