Pamplico, SC
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Pamplico, 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

Pamplico Housing Market Information

With 1,245 people, 350 houses or apartments, and a median cost of homes of $85,804, house prices in Pamplico are solidly below the national average.

Single-family detached homes are the single most common housing type in Pamplico, accounting for 68.34% of the town's housing units. Other types of housing that are prevalent in Pamplico include mobile homes or trailers ( 20.74%), row houses and other attached homes ( 5.90%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.62%).

The most prevalent building size and type in Pamplico are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 64.65% owning and 35.35% renting.

There is a lot of housing in Pamplico 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 Pamplico built between 1940-1969 ( 43.89%). A lesser amount of the housing stock also hails from before 1939 ( 6.99%). There's also some housing in Pamplico built between 2000 and later ( 3.28%).

Vacant housing appears to be an issue in Pamplico. Fully 23.58% of the housing stock is classified as vacant. Left unchecked, vacant Pamplico homes and apartments can be a drag on the real estate market, holding Pamplico 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.

Pamplico Home Appreciation Rates

Appreciation rates for homes in Pamplico have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 6.92%, which ranks in the top 40% nationwide. This equates to an annual average Pamplico house appreciation rate of 0.67%.

Over the last year, Pamplico appreciation rates have trailed the rest of the nation. In the last twelve months, Pamplico's appreciation rate has been 1.82%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Pamplico were at -0.44%, which equates to an annual appreciation rate of -1.76%.

Relative to South Carolina, our data show that Pamplico's latest annual appreciation rate is lower than 50% of the other cities and towns in South Carolina.

Average Home Values

 

Median Home Value:
$85,804

Pamplico, SC HOME PRICES

Value Range
> $1,050,000 0.0
$787,001 - $1,050,000 0.0
$525,001 - $787,000 0.0
$420,001 - $525,000 0.6
$315,001 - $420,000 0.4
$210,001 - $315,000 12.5
$105,001 - $210,000 29.0
$52,001 - $105,000 25.1
$0 - $52,000 32.4

Low for SC
Very Low for Nation

Value Relative to Nation Value Relative to State
86.8803468885503 69.8884758364312

Number Of Homes And Apartments:
350

Pamplico 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
25.45% 1.32% 4 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$640 / per month

Homeownership Rate

Homeownership
Owners 64.65
Renters 35.35
Vacant 23.58

Housing Market Details

 

Age of Homes

AGE OF Pamplico HOMES
2000 or Newer 3.3
1970 - 1999 45.9
1940 - 1969 43.9
1939 or Older 7.0

Types of Homes

TYPE OF Pamplico HOMES
Single-Family 68.3
Townhomes 5.9
Small Apt. Buildings 2.6
Apt. Complexes 2.4
Mobile Homes 20.7
Other 0.0

Home Size

SIZE OF Pamplico HOMES
No Bedroom 1.75
1 Bedroom 0.44
2 Bedrooms 23.80
3 Bedrooms 61.14
4 Bedrooms 10.48
5 or more bedrooms 2.40

Popular Neighborhoods in Pamplico

Zip Codes in Pamplico, SC