South Carolina
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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South Carolina Real Estate Values & Housing Market 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 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

Average Home Values

Median Home Value:
$173,468

Number Of Homes And Apartments:
1,894,711

South Carolina Home Prices

Value Range
> $1,205,047 1.2
$903,854 - $1,205,047 1.1
$602,336 - $903,853 3.4
$481,938 - $602,335 3.3
$361,470 - $481,937 7.0
$240,994 - $361,469 15.8
$120,436 - $240,993 34.8
$60,226 - $120,435 20.2
$0 - $60,225 13.2

South Carolina Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2019 Q4 - 2020 Q1
1.33% 5.44%
9
Last 12 Months:
2019 Q1 - 2020 Q1
6.00% 6.00%
8
Last 2 Years:
2018 Q1 - 2020 Q1
11.80% 5.74%
8
Last 5 Years:
2015 Q1 - 2020 Q1
32.42% 5.78%
7
Last 10 Years:
2010 Q1 - 2020 Q1
32.94% 2.89%
6
Since 2000:
2000 Q1 - 2020 Q1
83.81% 3.09%
4
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,111 / per month

Homeownership Rate

Homeownership
Owners 66.99
Renters 33.01
Vacant 16.05

Housing Details

Age of Homes

AGE OF South Carolina HOMES
2000 or Newer 26.0
1970 - 1999 51.0
1940 - 1969 18.8
1939 or Older 4.2

Types of Homes

TYPE OF South Carolina HOMES
Single-Family 62.8
Townhomes 3.1
Small Apt. Buildings 4.9
Apt. Complexes 12.7
Mobile Homes 16.4
Other 0.1

Home Size

SIZE OF South Carolina HOMES
No Bedroom 1.47
1 Bedroom 5.55
2 Bedrooms 24.73
3 Bedrooms 48.70
4 Bedrooms 15.78
5 or more bedrooms 3.77