Darlington, SC Real Estate Market

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Darlington, SC Housing Market Trends

With a population of 5,940, 2,692 total housing units (homes and apartments), and a median house value of $108,914, house prices in Darlington are solidly below the national average.

Single-family detached homes are the single most common housing type in Darlington, accounting for 75.76% of the city's housing units. Other types of housing that are prevalent in Darlington include duplexes, homes converted to apartments or other small apartment buildings ( 10.74%), large apartment complexes or high rise apartments ( 9.81%), and a few mobile homes or trailers ( 1.94%).

The most prevalent building size and type in Darlington are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 51.60% owning and 48.40% renting.

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. Darlington's housing was primarily built during this period, from the '40s through the '60s. A full 39.79% of the city's housing hails from this era. Other housing ages represented in Darlington include homes built between 1970-1999 ( 29.12%) and housing constructed before 1939 ( 27.59%). There's also some housing in Darlington built between 2000 and later ( 3.50%).

Vacant housing appears to be an issue in Darlington. Fully 14.24% of the housing stock is classified as vacant. Left unchecked, vacant Darlington homes and apartments can be a drag on the real estate market, holding Darlington 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.

Darlington Home Appreciation Rates

Darlington's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Darlington during the period has been just 2.50%, which is lower than 70% of US communities.

Over the last year, Darlington appreciation rates have trailed the rest of the nation. In the last twelve months, Darlington's appreciation rate has been 6.22%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Darlington were at 1.30%, which equates to an annual appreciation rate of 5.32%.

Notably, Darlington's appreciation rate in the latest quarter is one of the lowest in America.

Relative to South Carolina, our data show that Darlington'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 Darlington differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Darlington - 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 Darlington real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$108,914

Darlington, SC HOME PRICES

> $1,213,000
0.0%
0.0%
$910,001 - $1,213,000
0.0%
0.0%
$607,001 - $910,000
0.6%
0.6%
$485,001 - $607,000
0.8%
0.8%
$364,001 - $485,000
1.9%
1.9%
$242,001 - $364,000
10.4%
10.4%
$121,001 - $242,000
33.5%
33.5%
$61,001 - $121,000
26.8%
26.8%
$0 - $61,000
26.0%
26.0%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very Low for Nation

Low for SC

Value Relative To Nation

Number Of Homes And Apartments:
2,692

Darlington Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
SC*
Compared To
America*
Latest Quarter:
2021 Q1 - 2021 Q2
Last 12 Months:
2020 Q2 - 2021 Q2
Last 2 Years:
2019 Q2 - 2021 Q2
Last 5 Years:
2016 Q2 - 2021 Q2
Last 10 Years:
2011 Q2 - 2021 Q2
Since 2000:
2000 Q1 - 2021 Q2
58.75% 2.17%
4
3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$963 / per month

Homeownership Rate

Owners
51.6%
51.6%
Renters
48.4%
48.4%
Vacant
14.2%
14.2%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
3.5%
3.5%
1970 - 1999
29.1%
29.1%
1940 - 1969
39.8%
39.8%
1939 or Older
27.6%
27.6%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
75.8%
75.8%
Townhomes
1.8%
1.8%
Small Apt. Buildings
10.7%
10.7%
Apt. Complexes
9.8%
9.8%
Mobile Homes
1.9%
1.9%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
3.7%
3.7%
1 Bedroom
9.4%
9.4%
2 Bedrooms
31.3%
31.3%
3 Bedrooms
45.2%
45.2%
4 Bedrooms
8.7%
8.7%
5 or more bedrooms
1.7%
1.7%
0.0% 100.0%
% OF HOMES