Walterboro, SC


Highest Appreciating Walterboro Neighborhoods Since 2000

Walterboro, SC Real Estate Data

Walterboro Housing Market Information

With a population of 5,278, 2,181 total housing units (homes and apartments), and a median house value of $105,839, house prices in Walterboro are solidly below the national average.

Single-family detached homes are the single most common housing type in Walterboro, accounting for 68.83% of the city's housing units. Other types of housing that are prevalent in Walterboro include large apartment complexes or high rise apartments ( 14.56%), duplexes, homes converted to apartments or other small apartment buildings ( 8.85%), and a few mobile homes or trailers ( 3.90%).

The most prevalent building size and type in Walterboro are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 47.23% owning and 52.77% renting.

There is a lot of housing in Walterboro 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 Walterboro built between 1940-1969 ( 46.04%). A lesser amount of the housing stock also hails from before 1939 ( 4.13%). There's also some housing in Walterboro built between 2000 and later ( 2.67%).

Vacant housing appears to be an issue in Walterboro. Fully 15.76% of the housing stock is classified as vacant. Left unchecked, vacant Walterboro homes and apartments can be a drag on the real estate market, holding Walterboro 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.

Walterboro Home Appreciation Rates

Real estate appreciation rates in Walterboro's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.15% during the period.

Over the last year, Walterboro appreciation rates have trailed the rest of the nation. In the last twelve months, Walterboro's appreciation rate has been 4.29%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Walterboro were at -0.61%, which equates to an annual appreciation rate of -2.43%.

Notably, Walterboro's appreciation rate in the latest quarter is one of the lowest in America.

Relative to South Carolina, our data show that Walterboro's latest annual appreciation rate is lower than 70% 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 city. Individual neighborhoods within Walterboro differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Walterboro - 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 Walterboro real estate investment or home purchase decisions.

Average Home Values


Median Home Value:

Walterboro, SC HOME PRICES

Value Range
> $1,034,000 0.0
$775,001 - $1,034,000 0.0
$516,001 - $775,000 0.2
$413,001 - $516,000 0.9
$310,001 - $413,000 1.9
$207,001 - $310,000 8.9
$103,001 - $207,000 36.7
$51,001 - $103,000 33.7
$0 - $51,000 17.7

Average for SC
Low for Nation

Value Relative to Nation Value Relative to State
75.1390759501083 51.6728624535316

Number Of Homes And Apartments:

Rent & Ownership


Average Market Rent:
$897 / per month

Homeownership Rate

Owners 47.23
Renters 52.77
Vacant 15.76

Housing Market Details


Age of Homes

AGE OF Walterboro HOMES
2000 or Newer 2.7
1970 - 1999 47.2
1940 - 1969 46.0
1939 or Older 4.1

Types of Homes

TYPE OF Walterboro HOMES
Single-Family 68.8
Townhomes 3.9
Small Apt. Buildings 8.8
Apt. Complexes 14.6
Mobile Homes 3.9
Other 0.0

Home Size

SIZE OF Walterboro HOMES
No Bedroom 0.85
1 Bedroom 5.64
2 Bedrooms 31.56
3 Bedrooms 48.71
4 Bedrooms 12.17
5 or more bedrooms 1.08

Walterboro Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
51.02% 2.45% 9 6
* 10 is highest

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Zip Codes in Walterboro, SC