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Taylors, SC Real Estate Market

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 2022. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2020 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Taylors, SC Housing Market Trends

With a population of 23,222, 8,830 total housing units (homes and apartments), and a median house value of $250,617, Taylors 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 Taylors, accounting for 73.98% of the town's housing units. Other types of housing that are prevalent in Taylors include large apartment complexes or high rise apartments ( 12.94%), mobile homes or trailers ( 6.85%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.65%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Taylors. Owner-occupied housing accounts for 76.57% of Taylors's homes, and 78.70% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Taylors 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 Taylors built between 1940-1969 ( 24.60%). A lesser amount of the housing stock also hails from between 2000 and later ( 17.10%).

Taylors Home Appreciation Rates

Appreciation rates for homes in Taylors have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 96.90%, which ranks in the top 30% nationwide. This equates to an annual average Taylors house appreciation rate of 7.01%.

Appreciation rates are so strong in Taylors that despite a nationwide downturn in the housing market, Taylors real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Taylors appreciation rates continue to be some of the highest in America, at 20.27%, which is higher than appreciation rates in 83.72% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Taylors. Taylors appreciation rates in the latest quarter were at 4.94%, which equates to an annual appreciation rate of 21.29%.

Importantly, this makes Taylors 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 Taylors's latest annual appreciation rate is lower than 60% 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 town. Individual neighborhoods within Taylors differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Taylors - 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 Taylors real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$250,617

Taylors, SC HOME PRICES

> $1,480,000
$1,110,001 - $1,480,000
$740,001 - $1,110,000
$592,001 - $740,000
$444,001 - $592,000
$296,001 - $444,000
$148,001 - $296,000
$74,001 - $148,000
$0 - $74,000
0.4%
0.4%
0.9%
0.9%
0.8%
0.8%
0.7%
0.7%
6.5%
6.5%
23.4%
23.4%
54.8%
54.8%
9.1%
9.1%
3.3%
3.3%
0.0% 100.0%
% OF HOMES
Value Relative To State

Average for Nation

High for SC

Value Relative To Nation

Number Of Homes And Apartments:
8,830

Taylors Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
SC*
Compared To
America*
Latest Quarter:
2022 Q1 - 2022 Q2
Last 12 Months:
2021 Q2 - 2022 Q2
Last 2 Years:
2020 Q2 - 2022 Q2
Last 5 Years:
2017 Q2 - 2022 Q2
Last 10 Years:
2012 Q2 - 2022 Q2
Since 2000:
2000 Q1 - 2022 Q2
120.79% 3.58%
7
6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,661 / per month

Homeownership Rate

Owners
Renters
Vacant
76.6%
76.6%
23.4%
23.4%
6.5%
6.5%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
17.1%
17.1%
57.7%
57.7%
24.6%
24.6%
0.6%
0.6%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
74.0%
74.0%
2.6%
2.6%
3.7%
3.7%
12.9%
12.9%
6.9%
6.9%
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.6%
0.6%
2.6%
2.6%
16.1%
16.1%
54.8%
54.8%
23.9%
23.9%
2.0%
2.0%
0.0% 100.0%
% OF HOMES