Manning, SC
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Manning, SC Real Estate Data


Manning Housing Market Information

With 4,037 people, 1,538 houses or apartments, and a median cost of homes of $89,370, house prices in Manning are solidly below the national average.

Single-family detached homes are the single most common housing type in Manning, accounting for 75.31% of the city's housing units. Other types of housing that are prevalent in Manning include large apartment complexes or high rise apartments ( 12.87%), duplexes, homes converted to apartments or other small apartment buildings ( 7.05%), and a few row houses and other attached homes ( 2.62%).

The most prevalent building size and type in Manning are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 51.04% owning and 48.96% renting.

There is a lot of housing in Manning 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 Manning built between 1940-1969 ( 33.20%). A lesser amount of the housing stock also hails from between 2000 and later ( 14.15%). There's also some housing in Manning built before 1939 ( 5.88%).

Vacant housing appears to be an issue in Manning. Fully 10.43% of the housing stock is classified as vacant. Left unchecked, vacant Manning homes and apartments can be a drag on the real estate market, holding Manning 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.

Manning Home Appreciation Rates

Real estate appreciation rates in Manning's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.39% during the period.

Over the last year, Manning appreciation rates have trailed the rest of the nation. In the last twelve months, Manning's appreciation rate has been -0.92%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Manning were at -1.70%, which equates to an annual appreciation rate of -6.62%.

Notably, Manning's appreciation rate in the latest quarter is one of the lowest in America.

Relative to South Carolina, our data show that Manning's latest annual appreciation rate is lower than 90% 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 Manning differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Manning - 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 Manning real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$89,370

Manning, SC HOME PRICES

Value Range
> $1,041,000 0.0
$781,001 - $1,041,000 0.0
$520,001 - $781,000 0.0
$416,001 - $520,000 1.0
$312,001 - $416,000 1.9
$208,001 - $312,000 10.5
$104,001 - $208,000 30.2
$52,001 - $104,000 35.5
$0 - $52,000 20.5

Low for SC
Very Low for Nation

Value Relative to Nation Value Relative to State
84.3841556310793 62.0817843866171

Number Of Homes And Apartments:
1,538

Rent & Ownership

 

Average Market Rent:
$724 / per month

Homeownership Rate

Homeownership
Owners 51.04
Renters 48.96
Vacant 10.43

Housing Market Details

 

Age of Homes

AGE OF Manning HOMES
2000 or Newer 14.2
1970 - 1999 46.8
1940 - 1969 33.2
1939 or Older 5.9

Types of Homes

TYPE OF Manning HOMES
Single-Family 75.3
Townhomes 2.6
Small Apt. Buildings 7.0
Apt. Complexes 12.9
Mobile Homes 2.2
Other 0.0

Home Size

SIZE OF Manning HOMES
No Bedroom 0.99
1 Bedroom 12.58
2 Bedrooms 21.96
3 Bedrooms 52.53
4 Bedrooms 10.54
5 or more bedrooms 1.40

Manning Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
SC*
Compared To
America*
Latest Quarter:
2016 Q3 - 2016 Q4
Last 12 Months:
2015 Q4 - 2016 Q4
Last 2 Years:
2014 Q4 - 2016 Q4
Last 5 Years:
2011 Q4 - 2016 Q4
Last 10 Years:
2006 Q4 - 2016 Q4
Since 2000:
2000 Q1 - 2016 Q4
36.80% 1.83% 7 4
* 10 is highest

Zip Codes in Manning, SC