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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 705 people, 389 houses or apartments, and a median cost of homes of $213,215, house prices in Cottageville are solidly below the national average.
Mobile homes or trailers are the single most common housing type in Cottageville, accounting for 56.03% of the town's housing units. Other types of housing that are prevalent in Cottageville include single-family detached homes ( 41.37%).
Owner-occupied, three and four bedroom dwellings, primarily in mobile homes or trailers are the most prevalent type of housing you will see in Cottageville. Owner-occupied housing accounts for 78.66% of Cottageville's homes, and 76.60% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Cottageville 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 Cottageville built between 2000 and later ( 25.77%). A lesser amount of the housing stock also hails from between 1940-1969 ( 13.71%). There's also some housing in Cottageville built before 1939 ( 6.38%).
In the last 10 years, Cottageville has experienced some of the highest home appreciation rates of any community in the nation. Cottageville real estate appreciated 118.42% over the last ten years, which is an average annual home appreciation rate of 8.13%, putting Cottageville in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Cottageville definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Appreciation rates are so strong in Cottageville that despite a nationwide downturn in the housing market, Cottageville real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Cottageville appreciation rates continue to be some of the highest in America, at 10.64%, which is higher than appreciation rates in 89.86% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Cottageville. Cottageville appreciation rates in the latest quarter were at 0.52%, which equates to an annual appreciation rate of 2.08%.
Notably, Cottageville's appreciation rate in the latest quarter is one of the lowest in America.
Relative to South Carolina, our data show that Cottageville's latest annual appreciation rate is higher than 50% of the other cities and towns in South Carolina.
$213,215
for South carolina
for nation
389
$1,624 / per month