Hartsville, SC Real Estate Market

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 Q2 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Hartsville, SC Housing Market Trends

With a population of 7,542, 2,934 total housing units (homes and apartments), and a median house value of $92,267, house prices in Hartsville 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 Hartsville, accounting for 62.66% of the city's housing units. Other types of housing that are prevalent in Hartsville include large apartment complexes or high rise apartments ( 20.68%), duplexes, homes converted to apartments or other small apartment buildings ( 15.00%), and a few mobile homes or trailers ( 1.41%).

People in Hartsville primarily live in small (one, two or no bedroom) single-family detached homes. Hartsville has a mixture of owner-occupied and renter-occupied housing.

Vacant housing appears to be an issue in Hartsville. Fully 15.86% of the housing stock is classified as vacant. Left unchecked, vacant Hartsville homes and apartments can be a drag on the real estate market, holding Hartsville 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.

Hartsville Home Appreciation Rates

Some of the lowest real estate appreciation rates in America over the last ten years have been in Hartsville, where house values have increased just 17.05%, which is annualized rate of 1.59%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.

Over the last year, Hartsville appreciation rates have trailed the rest of the nation. In the last twelve months, Hartsville's appreciation rate has been 2.60%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Hartsville were at 1.11%, which equates to an annual appreciation rate of 4.51%.

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

Relative to South Carolina, our data show that Hartsville's latest annual appreciation rate is lower than 90% 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 Hartsville differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Hartsville - 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 Hartsville real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$92,267

Hartsville, SC HOME PRICES

> $1,077,000
0.0%
0.0%
$807,001 - $1,077,000
0.0%
0.0%
$538,001 - $807,000
4.3%
4.3%
$431,001 - $538,000
2.2%
2.2%
$323,001 - $431,000
2.4%
2.4%
$215,001 - $323,000
9.6%
9.6%
$108,001 - $215,000
30.3%
30.3%
$54,001 - $108,000
22.6%
22.6%
$0 - $54,000
28.5%
28.5%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very Low for Nation

Very Low for SC

Value Relative To Nation

Number Of Homes And Apartments:
2,934

Hartsville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
SC*
Compared To
America*
Latest Quarter:
2021 Q1 - 2021 Q2
Last 12 Months:
2020 Q2 - 2021 Q2
Last 2 Years:
2019 Q2 - 2021 Q2
Last 5 Years:
2016 Q2 - 2021 Q2
Last 10 Years:
2011 Q2 - 2021 Q2
Since 2000:
2000 Q1 - 2021 Q2
45.48% 1.76%
2
2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$934 / per month

Homeownership Rate

Owners
43.3%
43.3%
Renters
56.7%
56.7%
Vacant
15.9%
15.9%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
9.5%
9.5%
1970 - 1999
38.7%
38.7%
1940 - 1969
38.7%
38.7%
1939 or Older
13.0%
13.0%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
62.7%
62.7%
Townhomes
0.3%
0.3%
Small Apt. Buildings
15.0%
15.0%
Apt. Complexes
20.7%
20.7%
Mobile Homes
1.4%
1.4%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
8.0%
8.0%
1 Bedroom
6.4%
6.4%
2 Bedrooms
36.5%
36.5%
3 Bedrooms
31.4%
31.4%
4 Bedrooms
11.8%
11.8%
5 or more bedrooms
5.8%
5.8%
0.0% 100.0%
% OF HOMES