Hopkins, SC
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Hopkins, 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

Hopkins Housing Market Information

With 3,068 people, 1,091 houses or apartments, and a median cost of homes of $87,947, house prices in Hopkins are solidly below the national average.

Mobile homes or trailers are the single most common housing type in Hopkins, accounting for 49.88% of the town's housing units. Other types of housing that are prevalent in Hopkins include single-family detached homes ( 49.27%).

Owner-occupied, three and four bedroom dwellings, primarily in mobile homes or trailers are the most prevalent type of housing you will see in Hopkins. Owner-occupied housing accounts for 71.11% of Hopkins's homes, and 66.05% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Hopkins 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 Hopkins built between 1940-1969 ( 21.63%). A lesser amount of the housing stock also hails from before 1939 ( 13.86%). There's also some housing in Hopkins built between 2000 and later ( 12.70%).

Vacant housing appears to be an issue in Hopkins. Fully 16.01% of the housing stock is classified as vacant. Left unchecked, vacant Hopkins homes and apartments can be a drag on the real estate market, holding Hopkins 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.

Hopkins Home Appreciation Rates

Hopkins's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Hopkins during the period has been just -1.09%, which is lower than 70% of US communities.

Over the last year, Hopkins appreciation rates have trailed the rest of the nation. In the last twelve months, Hopkins's appreciation rate has been -1.02%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Hopkins were at 0.33%, which equates to an annual appreciation rate of 1.34%.

Relative to South Carolina, our data show that Hopkins's latest annual appreciation rate is lower than 80% of the other cities and towns in South Carolina.

Average Home Values

 

Median Home Value:
$87,947

Hopkins, SC HOME PRICES

Value Range
> $1,052,000 0.6
$789,001 - $1,052,000 0.0
$526,001 - $789,000 0.9
$421,001 - $526,000 1.7
$316,001 - $421,000 3.0
$210,001 - $316,000 5.6
$105,001 - $210,000 21.6
$53,001 - $105,000 43.7
$0 - $53,000 22.9

Low for SC
Very Low for Nation

Value Relative to Nation Value Relative to State
85.5267783897809 65.7992565055762

Number Of Homes And Apartments:
1,091

Hopkins 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
9.71% 0.54% 1 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$757 / per month

Homeownership Rate

Homeownership
Owners 71.11
Renters 28.89
Vacant 16.01

Housing Market Details

 

Age of Homes

AGE OF Hopkins HOMES
2000 or Newer 12.7
1970 - 1999 51.8
1940 - 1969 21.6
1939 or Older 13.9

Types of Homes

TYPE OF Hopkins HOMES
Single-Family 49.3
Townhomes 0.0
Small Apt. Buildings 0.0
Apt. Complexes 0.8
Mobile Homes 49.9
Other 0.0

Home Size

SIZE OF Hopkins HOMES
No Bedroom 1.00
1 Bedroom 4.77
2 Bedrooms 21.94
3 Bedrooms 47.11
4 Bedrooms 18.94
5 or more bedrooms 6.24

Popular Neighborhoods in Hopkins

Zip Codes in Hopkins, SC