Kingstree, SC
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Kingstree, 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

Kingstree Housing Market Information

With a population of 3,183, 1,207 total housing units (homes and apartments), and a median house value of $87,982, house prices in Kingstree are solidly below the national average.

Single-family detached homes are the single most common housing type in Kingstree, accounting for 66.05% of the town's housing units. Other types of housing that are prevalent in Kingstree include duplexes, homes converted to apartments or other small apartment buildings ( 27.49%), large apartment complexes or high rise apartments ( 5.14%).

The most prevalent building size and type in Kingstree are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 44.76% owning and 55.24% renting.

There is a lot of housing in Kingstree 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 Kingstree built between 1940-1969 ( 38.37%). A lesser amount of the housing stock also hails from between 2000 and later ( 13.05%). There's also some housing in Kingstree built before 1939 ( 6.46%).

Vacant housing appears to be an issue in Kingstree. Fully 20.44% of the housing stock is classified as vacant. Left unchecked, vacant Kingstree homes and apartments can be a drag on the real estate market, holding Kingstree 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.

Kingstree Home Appreciation Rates

Real estate appreciation rates in Kingstree's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.30% during the period.

Over the last year, Kingstree appreciation rates have trailed the rest of the nation. In the last twelve months, Kingstree's appreciation rate has been 0.15%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Kingstree were at 1.10%, which equates to an annual appreciation rate of 4.47%.

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

Average Home Values

 

Median Home Value:
$87,982

Kingstree, SC HOME PRICES

Value Range
> $1,070,000 0.3
$803,001 - $1,070,000 1.7
$536,001 - $803,000 1.5
$428,001 - $536,000 0.0
$321,001 - $428,000 1.9
$214,001 - $321,000 6.4
$107,001 - $214,000 21.7
$54,001 - $107,000 33.4
$0 - $54,000 33.1

Low for SC
Very Low for Nation

Value Relative to Nation Value Relative to State
85.4828313606 65.4275092936803

Number Of Homes And Apartments:
1,207

Kingstree 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
29.46% 1.51% 5 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$689 / per month

Homeownership Rate

Homeownership
Owners 44.76
Renters 55.24
Vacant 20.44

Housing Market Details

 

Age of Homes

AGE OF Kingstree HOMES
2000 or Newer 13.1
1970 - 1999 42.1
1940 - 1969 38.4
1939 or Older 6.5

Types of Homes

TYPE OF Kingstree HOMES
Single-Family 66.1
Townhomes 0.9
Small Apt. Buildings 27.5
Apt. Complexes 5.1
Mobile Homes 0.4
Other 0.0

Home Size

SIZE OF Kingstree HOMES
No Bedroom 0.00
1 Bedroom 15.03
2 Bedrooms 26.50
3 Bedrooms 45.02
4 Bedrooms 10.22
5 or more bedrooms 3.23

Popular Neighborhoods in Kingstree

Zip Codes in Kingstree, SC