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 a population of 10,005, 3,247 total housing units (homes and apartments), and a median house value of $277,228, Galivants Ferry 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 Galivants Ferry, accounting for 63.64% of the town's housing units. Other types of housing that are prevalent in Galivants Ferry include mobile homes or trailers ( 36.11%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Galivants Ferry. Owner-occupied housing accounts for 77.14% of Galivants Ferry's homes, and 77.29% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Galivants Ferry 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 Galivants Ferry built between 2000 and later ( 34.49%). A lesser amount of the housing stock also hails from between 1940-1969 ( 15.13%). There's also some housing in Galivants Ferry built before 1939 ( 3.65%).
Vacant housing appears to be an issue in Galivants Ferry. Fully 13.24% of the housing stock is classified as vacant. Left unchecked, vacant Galivants Ferry homes and apartments can be a drag on the real estate market, holding Galivants Ferry 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.
In the last 10 years, Galivants Ferry has experienced some of the highest home appreciation rates of any community in the nation. Galivants Ferry real estate appreciated 122.67% over the last ten years, which is an average annual home appreciation rate of 8.33%, putting Galivants Ferry in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Galivants Ferry definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Over the last year, Galivants Ferry appreciation rates have trailed the rest of the nation. In the last twelve months, Galivants Ferry's appreciation rate has been 5.04%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Galivants Ferry were at 0.62%, which equates to an annual appreciation rate of 2.49%.
Relative to South Carolina, our data show that Galivants Ferry's latest annual appreciation rate is lower than 80% of the other cities and towns in South Carolina.
$277,228
for South carolina
for nation
3,247
$1,584 / per month