Mauldin, SC
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Mauldin, 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

Mauldin Housing Market Information

With a population of 25,135, 9,363 total housing units (homes and apartments), and a median house value of $170,212, Mauldin 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 Mauldin, accounting for 59.69% of the city's housing units. Other types of housing that are prevalent in Mauldin include large apartment complexes or high rise apartments ( 19.52%), row houses and other attached homes ( 13.84%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.82%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Mauldin. Owner-occupied housing accounts for 66.84% of Mauldin's homes, and 66.90% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Mauldin 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 Mauldin built between 2000 and later ( 29.49%). A lesser amount of the housing stock also hails from between 1940-1969 ( 13.01%).

Mauldin Home Appreciation Rates

Appreciation rates for homes in Mauldin have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 14.39%, which ranks in the top 30% nationwide. This equates to an annual average Mauldin house appreciation rate of 1.35%.

Appreciation rates are so strong in Mauldin that despite a nationwide downturn in the housing market, Mauldin real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Mauldin appreciation rates continue to be some of the highest in America, at 6.23%, which is higher than appreciation rates in 76.00% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Mauldin. Mauldin appreciation rates in the latest quarter were at 1.93%, which equates to an annual appreciation rate of 7.93%.

Importantly, this makes Mauldin one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to South Carolina, our data show that Mauldin's latest annual appreciation rate is higher than 70% 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 Mauldin differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Mauldin - 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 Mauldin real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$170,212

Mauldin, SC HOME PRICES

Value Range
> $1,172,000 0.3
$879,001 - $1,172,000 0.0
$586,001 - $879,000 1.0
$469,001 - $586,000 0.7
$352,001 - $469,000 3.1
$235,001 - $352,000 13.0
$117,001 - $235,000 68.0
$59,001 - $117,000 12.2
$0 - $59,000 1.8

Very High for SC
Average for Nation

Value Relative to Nation Value Relative to State
41.5856088128442 18.2156133828996

Number Of Homes And Apartments:
9,363

Mauldin 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
32.69% 1.65% 5 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,176 / per month

Homeownership Rate

Homeownership
Owners 66.84
Renters 33.16
Vacant 6.09

Housing Market Details

 

Age of Homes

AGE OF Mauldin HOMES
2000 or Newer 29.5
1970 - 1999 56.9
1940 - 1969 13.0
1939 or Older 0.6

Types of Homes

TYPE OF Mauldin HOMES
Single-Family 59.7
Townhomes 13.8
Small Apt. Buildings 4.8
Apt. Complexes 19.5
Mobile Homes 2.1
Other 0.0

Home Size

SIZE OF Mauldin HOMES
No Bedroom 0.17
1 Bedroom 8.25
2 Bedrooms 22.26
3 Bedrooms 48.82
4 Bedrooms 18.08
5 or more bedrooms 2.42