York, SC
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating York Neighborhoods Since 2000




York, 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

York Housing Market Information

With a population of 8,009, 2,897 total housing units (homes and apartments), and a median house value of $143,561, York 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 York, accounting for 63.61% of the city's housing units. Other types of housing that are prevalent in York include large apartment complexes or high rise apartments ( 13.85%), mobile homes or trailers ( 11.50%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 9.00%).

The most prevalent building size and type in York are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 49.71% owning and 50.29% renting.

There is a lot of housing in York 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 York built between 1940-1969 ( 30.31%). A lesser amount of the housing stock also hails from between 2000 and later ( 22.33%). There's also some housing in York built before 1939 ( 9.71%).

Vacant housing appears to be an issue in York. Fully 10.67% of the housing stock is classified as vacant. Left unchecked, vacant York homes and apartments can be a drag on the real estate market, holding York 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.

York Home Appreciation Rates

Appreciation rates for homes in York have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 12.80%, which ranks in the top 30% nationwide. This equates to an annual average York house appreciation rate of 1.21%.

Appreciation rates are so strong in York that despite a nationwide downturn in the housing market, York real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, York appreciation rates continue to be some of the highest in America, at 5.77%, which is higher than appreciation rates in 72.07% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in York. York appreciation rates in the latest quarter were at 1.88%, which equates to an annual appreciation rate of 7.72%.

Importantly, this makes York one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

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

Average Home Values

 

Median Home Value:
$143,561

York, SC HOME PRICES

Value Range
> $1,181,000 1.9
$886,001 - $1,181,000 0.0
$591,001 - $886,000 0.0
$473,001 - $591,000 0.5
$354,001 - $473,000 3.3
$236,001 - $354,000 11.9
$118,001 - $236,000 49.8
$59,001 - $118,000 21.7
$0 - $59,000 10.8

High for SC
Average for Nation

Value Relative to Nation Value Relative to State
52.9708191726239 27.8810408921933

Number Of Homes And Apartments:
2,897

York 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
47.73% 2.29% 9 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$993 / per month

Homeownership Rate

Homeownership
Owners 49.71
Renters 50.29
Vacant 10.67

Housing Market Details

 

Age of Homes

AGE OF York HOMES
2000 or Newer 22.3
1970 - 1999 37.7
1940 - 1969 30.3
1939 or Older 9.7

Types of Homes

TYPE OF York HOMES
Single-Family 63.6
Townhomes 2.0
Small Apt. Buildings 9.0
Apt. Complexes 13.8
Mobile Homes 11.5
Other 0.0

Home Size

SIZE OF York HOMES
No Bedroom 1.08
1 Bedroom 11.26
2 Bedrooms 31.58
3 Bedrooms 44.59
4 Bedrooms 9.74
5 or more bedrooms 1.76

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Zip Codes in York, SC