Hartsville, SC
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Hartsville Neighborhoods Since 2000




Hartsville, 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

Hartsville Housing Market Information

With 7,826 people, 3,245 houses or apartments, and a median cost of homes of $78,090, 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 65.46% of the city's housing units. Other types of housing that are prevalent in Hartsville include large apartment complexes or high rise apartments ( 16.69%), duplexes, homes converted to apartments or other small apartment buildings ( 14.47%), and a few row houses and other attached homes ( 1.83%).

The most prevalent building size and type in Hartsville are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 43.08% owning and 56.92% renting.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Hartsville's housing was primarily built during this period, from the '40s through the '60s. A full 40.54% of the city's housing hails from this era. Other housing ages represented in Hartsville include homes built between 1970-1999 ( 34.56%) and housing constructed before 1939 ( 17.13%). There's also some housing in Hartsville built between 2000 and later ( 7.78%).

Vacant housing appears to be an issue in Hartsville. Fully 16.43% 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

Real estate appreciation rates in Hartsville's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.24% during the period.

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 -0.05%, 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 -0.44%, which equates to an annual appreciation rate of -1.76%.

Relative to South Carolina, our data show that Hartsville's latest annual appreciation rate is lower 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 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:
$78,090

Hartsville, SC HOME PRICES

Value Range
> $1,027,000 0.0
$770,001 - $1,027,000 0.2
$514,001 - $770,000 1.0
$411,001 - $514,000 1.5
$308,001 - $411,000 3.5
$205,001 - $308,000 5.9
$103,001 - $205,000 28.3
$51,001 - $103,000 33.7
$0 - $51,000 25.9

Very Low for SC
Very Low for Nation

Value Relative to Nation Value Relative to State
91.6735028712059 81.4126394052045

Number Of Homes And Apartments:
3,245

Hartsville 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
25.75% 1.34% 4 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$780 / per month

Homeownership Rate

Homeownership
Owners 43.08
Renters 56.92
Vacant 16.43

Housing Market Details

 

Age of Homes

AGE OF Hartsville HOMES
2000 or Newer 7.8
1970 - 1999 34.6
1940 - 1969 40.5
1939 or Older 17.1

Types of Homes

TYPE OF Hartsville HOMES
Single-Family 65.5
Townhomes 1.8
Small Apt. Buildings 14.5
Apt. Complexes 16.7
Mobile Homes 1.5
Other 0.0

Home Size

SIZE OF Hartsville HOMES
No Bedroom 2.68
1 Bedroom 12.28
2 Bedrooms 32.19
3 Bedrooms 37.57
4 Bedrooms 12.41
5 or more bedrooms 2.86