Galivants Ferry, SC
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Galivants Ferry, 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

Galivants Ferry Housing Market Information

With 8,713 people, 1,512 houses or apartments, and a median cost of homes of $106,533, house prices in Galivants Ferry are solidly below the national average.

Single-family detached homes are the single most common housing type in Galivants Ferry, accounting for 52.85% of the town's housing units. Other types of housing that are prevalent in Galivants Ferry include mobile homes or trailers ( 45.51%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Galivants Ferry. Owner-occupied housing accounts for 75.72% of Galivants Ferry's homes, and 69.84% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Galivants Ferry 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 Galivants Ferry built between 2000 and later ( 18.75%). A lesser amount of the housing stock also hails from between 1940-1969 ( 15.34%). There's also some housing in Galivants Ferry built before 1939 ( 4.45%).

Vacant housing appears to be an issue in Galivants Ferry. Fully 13.53% of the housing stock is classified as vacant. Left unchecked, vacant Galivants Ferry homes and apartments can be a drag on the real estate market, holding Galivants Ferry 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.

Galivants Ferry Home Appreciation Rates

Homes have actually lost value in Galivants Ferry over the last then years, as home values have seen a decline of 21.57% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Galivants Ferry home appreciation rates at 1.32%, which equates to an annual appreciation rate of 5.39%.

NeighborhoodScout's data show that during the latest twelve months, Galivants Ferry's appreciation rate, at 5.40%, has been at or slightly above the national average. In the latest quarter, Galivants Ferry's appreciation rate has been 1.32%, which annualizes to a rate of 5.39%.

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

Average Home Values

 

Median Home Value:
$106,533

Galivants Ferry, SC HOME PRICES

Value Range
> $1,074,000 2.1
$806,001 - $1,074,000 0.0
$537,001 - $806,000 0.8
$430,001 - $537,000 0.6
$323,001 - $430,000 1.6
$215,001 - $323,000 15.8
$108,001 - $215,000 29.0
$54,001 - $108,000 23.6
$0 - $54,000 26.5

Average for SC
Low for Nation

Value Relative to Nation Value Relative to State
73.3446619008555 53.1598513011152

Number Of Homes And Apartments:
1,512

Galivants Ferry Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
SC*
Compared To
America*
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
28.07% 1.44% 4 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$954 / per month

Homeownership Rate

Homeownership
Owners 75.72
Renters 24.28
Vacant 13.53

Housing Market Details

 

Age of Homes

AGE OF Galivants Ferry HOMES
2000 or Newer 18.7
1970 - 1999 61.5
1940 - 1969 15.3
1939 or Older 4.5

Types of Homes

TYPE OF Galivants Ferry HOMES
Single-Family 52.8
Townhomes 0.9
Small Apt. Buildings 0.7
Apt. Complexes 0.0
Mobile Homes 45.5
Other 0.0

Home Size

SIZE OF Galivants Ferry HOMES
No Bedroom 0.75
1 Bedroom 0.45
2 Bedrooms 27.25
3 Bedrooms 58.05
4 Bedrooms 11.79
5 or more bedrooms 1.71

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Zip Codes in Galivants Ferry, SC