York, SC
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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York, SC Real Estate Data


York Housing Market Information

With 8,009 people, 2,897 houses or apartments, and a median cost of homes of $140,869, 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 12.40%, which ranks in the top 30% nationwide. This equates to an annual average York house appreciation rate of 1.18%.

NeighborhoodScout's data show that during the latest twelve months, York's appreciation rate, at 5.38%, has been at or slightly above the national average. In the latest quarter, York's appreciation rate has been 0.35%, which annualizes to a rate of 1.41%.

Relative to South Carolina, our data show that York's latest annual appreciation rate is higher than 60% of the other cities and towns in South Carolina.

Average Home Values

 

Median Home Value:
$140,869

York, SC HOME PRICES

Value Range
> $1,159,000 0.0
$869,001 - $1,159,000 0.0
$579,001 - $869,000 0.0
$463,001 - $579,000 0.5
$348,001 - $463,000 3.3
$232,001 - $348,000 11.9
$116,001 - $232,000 49.8
$58,001 - $116,000 21.7
$0 - $58,000 10.8

High for SC
Average for Nation

Value Relative to Nation Value Relative to State
54.1603187624517 27.5092936802974

Number Of Homes And Apartments:
2,897

Rent & Ownership

 

Average Market Rent:
$923 / 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

York Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
SC*
Compared To
America*
Latest Quarter:
2016 Q3 - 2016 Q4
Last 12 Months:
2015 Q4 - 2016 Q4
Last 2 Years:
2014 Q4 - 2016 Q4
Last 5 Years:
2011 Q4 - 2016 Q4
Last 10 Years:
2006 Q4 - 2016 Q4
Since 2000:
2000 Q1 - 2016 Q4
46.13% 2.22% 9 6
* 10 is highest

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Zip Codes in York, SC