Warrenville, SC
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Warrenville Neighborhoods Since 2000




Warrenville, 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 Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

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

Warrenville Housing Market Information

With a population of 1,288, 445 total housing units (homes and apartments), and a median house value of $87,507, house prices in Warrenville are solidly below the national average.

Single-family detached homes are the single most common housing type in Warrenville, accounting for 66.42% of the town's housing units. Other types of housing that are prevalent in Warrenville include mobile homes or trailers ( 20.38%), large apartment complexes or high rise apartments ( 7.92%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.28%).

Dwellings in Warrenville tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 55.66% of the homes in Warrenville have two or fewer bedrooms.

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. Warrenville's housing was primarily built during this period, from the '40s through the '60s. A full 34.91% of the town's housing hails from this era. Other housing ages represented in Warrenville include homes built between 1970-1999 ( 28.68%) and housing constructed between 2000 and later ( 19.06%). There's also some housing in Warrenville built before 1939 ( 17.36%).

Vacant housing appears to be an issue in Warrenville. Fully 16.04% of the housing stock is classified as vacant. Left unchecked, vacant Warrenville homes and apartments can be a drag on the real estate market, holding Warrenville 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.

Warrenville Home Appreciation Rates

Appreciation rates for homes in Warrenville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 3.98%, which ranks in the top 50% nationwide. This equates to an annual average Warrenville house appreciation rate of 0.39%.

Appreciation rates are so strong in Warrenville that despite a nationwide downturn in the housing market, Warrenville real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Warrenville appreciation rates continue to be some of the highest in America, at 6.74%, which is higher than appreciation rates in 79.56% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Warrenville. Warrenville appreciation rates in the latest quarter were at 0.72%, which equates to an annual appreciation rate of 2.91%.

Relative to South Carolina, our data show that Warrenville's latest annual appreciation rate is higher than 70% of the other cities and towns in South Carolina.

Average Home Values

 

Median Home Value:
$87,507

Warrenville, SC HOME PRICES

Value Range
> $1,095,000 0.0
$821,001 - $1,095,000 0.0
$547,001 - $821,000 0.0
$438,001 - $547,000 0.9
$329,001 - $438,000 0.0
$219,001 - $329,000 4.0
$109,001 - $219,000 30.2
$55,001 - $109,000 38.2
$0 - $55,000 26.7

Low for SC
Very Low for Nation

Value Relative to Nation Value Relative to State
85.8256181882105 67.6579925650558

Number Of Homes And Apartments:
445

Warrenville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
SC*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
42.44% 2.07% 8 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$862 / per month

Homeownership Rate

Homeownership
Owners 68.99
Renters 31.01
Vacant 16.04

Housing Market Details

 

Age of Homes

AGE OF Warrenville HOMES
2000 or Newer 19.1
1970 - 1999 28.7
1940 - 1969 34.9
1939 or Older 17.4

Types of Homes

TYPE OF Warrenville HOMES
Single-Family 66.4
Townhomes 0.0
Small Apt. Buildings 5.3
Apt. Complexes 7.9
Mobile Homes 20.4
Other 0.0

Home Size

SIZE OF Warrenville HOMES
No Bedroom 0.00
1 Bedroom 10.75
2 Bedrooms 44.91
3 Bedrooms 42.64
4 Bedrooms 1.70
5 or more bedrooms 0.00

Popular Neighborhoods in Warrenville

Zip Codes in Warrenville, SC