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Real Estate Prices & Overview

The Ponds median real estate price is $475,056, which is more expensive than 84.3% of the neighborhoods in South Carolina and 66.3% of the neighborhoods in the U.S.

The average rental price in The Ponds is currently $2,832, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 91.2% of the neighborhoods in South Carolina.

The Ponds is a rural neighborhood (based on population density) located in Summerville, South Carolina.

The Ponds real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the The Ponds neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Real estate vacancies in The Ponds are 3.7%, which is lower than one will find in 75.7% of American neighborhoods. Demand for real estate in The Ponds is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Modes of Transportation

In the The Ponds neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 24.3% of commuters carpool here, which is more than in 96.7% of all U.S. neighborhoods.

People

According to NeighborhoodScout's exclusive analysis, The Ponds is among the best neighborhoods for families in South Carolina. In fact, this neighborhood is more family-friendly than 95.7% of neighborhoods in the entire state of South Carolina. Its combination of top public schools, low crime rates, and owner-occupied single family homes gives this area the look and feel of a "Leave It to Beaver" episode. Many other families also live here, making it easy to socialize and develop a strong sense of community. In addition, the high number of college-educated parents influences the academic success of the local schools. Overall, you will find all of the amenities a family needs to thrive in the The Ponds neighborhood. In addition to being an excellent choice for families with school-aged children, this neighborhood is also a very good choice for active retirees.

Real Estate

Homes built from 2000 through today make up a higher proportion of the The Ponds neighborhood's real estate landscape than 95.4% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 68.0% of the residential real estate here is classified as newer.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the The Ponds neighborhood in Summerville are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 68.7% of the neighborhoods in America. In addition, 3.6% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 69.2% of America's neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the The Ponds neighborhood, 44.6% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 28.1% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (16.2%), and 11.1% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the The Ponds neighborhood is English, spoken by 98.2% of households. Some people also speak Italian (3.1%).

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the The Ponds neighborhood in Summerville, SC, residents most commonly identify their ethnicity or ancestry as English (14.0%). There are also a number of people of Irish ancestry (12.9%), and residents who report German roots (12.7%), and some of the residents are also of Italian ancestry (4.0%), along with some Scottish ancestry residents (3.2%), among others.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in The Ponds neighborhood spend between 30 and 45 minutes commuting one-way to work (32.4% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (68.1%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (24.3%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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