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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With 13,645 people, 2,152 houses or apartments, and a median cost of homes of $248,938, Ladys Island real estate is some of the most expensive in South Carolina, although Ladys Island home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in Ladys Island, accounting for 80.21% of the town's housing units. Other types of housing that are prevalent in Ladys Island include mobile homes or trailers ( 12.52%), large apartment complexes or high rise apartments ( 2.80%), and a few row houses and other attached homes ( 2.39%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Ladys Island. Owner-occupied housing accounts for 76.54% of Ladys Island's homes, and 79.01% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Ladys Island 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 Ladys Island built between 2000 and later ( 28.21%). A lesser amount of the housing stock also hails from between 1940-1969 ( 5.70%). There's also some housing in Ladys Island built before 1939 ( 2.00%).
Vacant housing appears to be an issue in Ladys Island. Fully 15.74% of the housing stock is classified as vacant. Left unchecked, vacant Ladys Island homes and apartments can be a drag on the real estate market, holding Ladys Island 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.
Ladys Island's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Ladys Island during the period has been just -0.95%, which is lower than 70% of US communities.
Appreciation rates are so strong in Ladys Island that despite a nationwide downturn in the housing market, Ladys Island real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Ladys Island appreciation rates continue to be some of the highest in America, at 7.46%, which is higher than appreciation rates in 83.88% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Ladys Island. Ladys Island appreciation rates in the latest quarter were at 2.88%, which equates to an annual appreciation rate of 12.03%.
Importantly, this makes Ladys Island one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.
Relative to South Carolina, our data show that Ladys Island's latest annual appreciation rate is higher than 80% of the other cities and towns in South Carolina.
|$888,001 - $1,184,000||3.2|
|$592,001 - $888,000||8.9|
|$474,001 - $592,000||6.7|
|$355,001 - $474,000||10.5|
|$237,001 - $355,000||26.9|
|$118,001 - $237,000||27.1|
|$59,001 - $118,000||6.2|
|$0 - $59,000||6.8|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
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
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Ladys Island HOMES|
|2000 or Newer||28.2|
|1970 - 1999||64.1|
|1940 - 1969||5.7|
|1939 or Older||2.0|
|TYPE OF Ladys Island HOMES|
|Small Apt. Buildings||1.9|
|SIZE OF Ladys Island HOMES|
|5 or more bedrooms||3.87|