Longs, SC
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Longs Neighborhoods Since 2000




Longs, 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

Longs Housing Market Information

With 12,106 people, 1,582 houses or apartments, and a median cost of homes of $153,438, Longs real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Longs, accounting for 63.36% of the town's housing units. Other types of housing that are prevalent in Longs include mobile homes or trailers ( 24.15%), large apartment complexes or high rise apartments ( 8.77%), and a few row houses and other attached homes ( 2.81%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Longs. Owner-occupied housing accounts for 77.96% of Longs's homes, and 77.86% have either three or four bedrooms, which is average sized relative to America.

Longs homes and real estate are some of the newest in America. 47.14% of Longs's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Longs real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 42.88%), and between 1940-1969 ( 8.77%). There's also some housing in Longs built before 1939 ( 1.21%).

Vacant housing appears to be an issue in Longs. Fully 22.14% of the housing stock is classified as vacant. Left unchecked, vacant Longs homes and apartments can be a drag on the real estate market, holding Longs 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.

Longs Home Appreciation Rates

Homes have actually lost value in Longs over the last then years, as home values have seen a decline of 22.41% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Longs home appreciation rates at 1.32%, which equates to an annual appreciation rate of 5.39%.

Over the last year, Longs appreciation rates have trailed the rest of the nation. In the last twelve months, Longs's appreciation rate has been 0.45%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Longs were at 1.32%, which equates to an annual appreciation rate of 5.39%.

Relative to South Carolina, our data show that Longs's latest annual appreciation rate is lower than 70% of the other cities and towns in South Carolina.

Average Home Values

 

Median Home Value:
$153,438

Longs, SC HOME PRICES

Value Range
> $1,082,000 1.1
$812,001 - $1,082,000 0.0
$541,001 - $812,000 0.3
$433,001 - $541,000 1.2
$325,001 - $433,000 3.6
$217,001 - $325,000 17.8
$108,001 - $217,000 44.0
$54,001 - $108,000 14.6
$0 - $54,000 17.5

High for SC
Average for Nation

Value Relative to Nation Value Relative to State
48.5702566506504 25.2788104089219

Number Of Homes And Apartments:
1,582

Longs 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
19.70% 1.05% 2 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,173 / per month

Homeownership Rate

Homeownership
Owners 77.96
Renters 22.04
Vacant 22.14

Housing Market Details

 

Age of Homes

AGE OF Longs HOMES
2000 or Newer 47.1
1970 - 1999 42.9
1940 - 1969 8.8
1939 or Older 1.2

Types of Homes

TYPE OF Longs HOMES
Single-Family 63.4
Townhomes 2.8
Small Apt. Buildings 0.9
Apt. Complexes 8.8
Mobile Homes 24.1
Other 0.0

Home Size

SIZE OF Longs HOMES
No Bedroom 0.00
1 Bedroom 0.97
2 Bedrooms 19.82
3 Bedrooms 66.47
4 Bedrooms 11.39
5 or more bedrooms 1.35