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 7,420, 2,756 total housing units (homes and apartments), and a median house value of $198,421, house prices in Hartsville are solidly below the national average.
Single-family detached homes are the single most common housing type in Hartsville, accounting for 67.40% of the city's housing units. Other types of housing that are prevalent in Hartsville include large apartment complexes or high rise apartments ( 20.33%), duplexes, homes converted to apartments or other small apartment buildings ( 8.20%), and a few mobile homes or trailers ( 2.28%).
People in Hartsville primarily live in small (one, two or no bedroom) single-family detached homes. Hartsville has a mixture of owner-occupied and renter-occupied housing.
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. Hartsville's housing was primarily built during this period, from the '40s through the '60s. A full 41.38% of the city's housing hails from this era. Other housing ages represented in Hartsville include homes built between 1970-1999 ( 32.57%) and housing constructed between 2000 and later ( 17.43%). There's also some housing in Hartsville built before 1939 ( 8.62%).
Vacant housing appears to be an issue in Hartsville. Fully 17.49% of the housing stock is classified as vacant. Left unchecked, vacant Hartsville homes and apartments can be a drag on the real estate market, holding Hartsville 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.
Some of the lowest real estate appreciation rates in America over the last ten years have been in Hartsville, where house values have increased just 50.69%, which is annualized rate of 4.19%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
Over the last year, Hartsville appreciation rates have trailed the rest of the nation. In the last twelve months, Hartsville's appreciation rate has been 2.25%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Hartsville were at -2.40%, which equates to an annual appreciation rate of -9.27%.
Notably, Hartsville's appreciation rate in the latest quarter is one of the lowest in America.
Relative to South Carolina, our data show that Hartsville's latest annual appreciation rate is lower than 80% of the other cities and towns in South Carolina.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Hartsville differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Hartsville - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Hartsville real estate investment or home purchase decisions.
$198,421
for South carolina
for nation
2,756
$1,450 / per month