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 2,062 people, 929 houses or apartments, and a median cost of homes of $173,043, house prices in Ninety Six are solidly below the national average.
Single-family detached homes are the single most common housing type in Ninety Six, accounting for 88.50% of the town's housing units. Other types of housing that are prevalent in Ninety Six include duplexes, homes converted to apartments or other small apartment buildings ( 5.10%), large apartment complexes or high rise apartments ( 3.60%), and a few mobile homes or trailers ( 1.70%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Ninety Six. Owner-occupied housing accounts for 72.12% of Ninety Six's homes, and 52.30% have either three or four bedrooms, which is average sized relative to America.
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. Ninety Six's housing was primarily built during this period, from the '40s through the '60s. A full 45.40% of the town's housing hails from this era. Other housing ages represented in Ninety Six include homes built before 1939 ( 26.50%) and housing constructed between 2000 and later ( 14.40%). There's also some housing in Ninety Six built between 1970-1999 ( 13.70%).
Appreciation rates for homes in Ninety Six have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 97.54%, which ranks in the top 40% nationwide. This equates to an annual average Ninety Six house appreciation rate of 7.04%.
NeighborhoodScout's data show that during the latest twelve months, Ninety Six's appreciation rate, at 9.53%, has been at or slightly above the national average. In the latest quarter, Ninety Six's appreciation rate has been 7.97%, which annualizes to a rate of 35.91%.
Importantly, this makes Ninety Six one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.
Relative to South Carolina, our data show that Ninety Six's latest annual appreciation rate is lower than 70% of the other cities and towns in South Carolina.
$173,043
for South carolina
for nation
929
$1,427 / per month