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 Q2 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Pamplico Housing Market Information

With a population of 1,221, 335 total housing units (homes and apartments), and a median house value of $95,661, 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 72.11% of the town's housing units. Other types of housing that are prevalent in Pamplico include mobile homes or trailers ( 16.55%), row houses and other attached homes ( 5.90%), and a few large apartment complexes or high rise apartments ( 4.31%).

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 62.11% owning and 37.89% renting.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Pamplico's housing was primarily built during this period, from the '40s through the '60s. A full 48.30% of the town's housing hails from this era. Other housing ages represented in Pamplico include homes built between 1970-1999 ( 39.00%) and housing constructed between 2000 and later ( 7.26%). There's also some housing in Pamplico built before 1939 ( 5.44%).

Vacant housing appears to be an issue in Pamplico. Fully 24.04% 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

Real estate appreciation rates in Pamplico's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 1.87% during the period.

NeighborhoodScout's data show that during the latest twelve months, Pamplico's appreciation rate, at 5.13%, has been at or slightly above the national average. In the latest quarter, Pamplico's appreciation rate has been 1.69%, which annualizes to a rate of 6.92%.

Importantly, this makes Pamplico 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 Pamplico's latest annual appreciation rate is higher than 50% of the other cities and towns in South Carolina.

Average Home Values

 

Median Home Value:
$95,661

Pamplico, SC HOME PRICES

Value Range
> $1,117,000 0.0
$838,001 - $1,117,000 0.0
$558,001 - $838,000 0.6
$447,001 - $558,000 0.7
$335,001 - $447,000 0.0
$224,001 - $335,000 10.4
$111,001 - $224,000 34.2
$56,001 - $111,000 22.5
$0 - $56,000 31.5

Low for SC
Very Low for Nation

Value Relative to Nation Value Relative to State
88.0350364963504 74.8148148148148

Number Of Homes And Apartments:
335

Pamplico Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
SC*
Compared To
America*
Latest Quarter:
2020 Q1 - 2020 Q2
Last 12 Months:
2019 Q2 - 2020 Q2
Last 2 Years:
2018 Q2 - 2020 Q2
Last 5 Years:
2015 Q2 - 2020 Q2
Last 10 Years:
2010 Q2 - 2020 Q2
Since 2000:
2000 Q1 - 2020 Q2
44.31% 1.81%
3
3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,034 / per month

Homeownership Rate

Homeownership
Owners 62.11
Renters 37.89
Vacant 24.04

Housing Market Details

 

Age of Homes

AGE OF Pamplico HOMES
2000 or Newer 7.3
1970 - 1999 39.0
1940 - 1969 48.3
1939 or Older 5.4

Types of Homes

TYPE OF Pamplico HOMES
Single-Family 72.1
Townhomes 5.9
Small Apt. Buildings 1.1
Apt. Complexes 4.3
Mobile Homes 16.6
Other 0.0

Home Size

SIZE OF Pamplico HOMES
No Bedroom 1.59
1 Bedroom 0.91
2 Bedrooms 27.44
3 Bedrooms 60.09
4 Bedrooms 9.30
5 or more bedrooms 0.68

Popular Neighborhoods in Pamplico

Zip Codes in Pamplico, SC