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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Duncan, 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 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

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

Duncan, SC Housing Market Trends

With a population of 4,276, 1,574 total housing units (homes and apartments), and a median house value of $250,674, house prices in Duncan are solidly below the national average.

Single-family detached homes are the single most common housing type in Duncan, accounting for 61.88% of the town's housing units. Other types of housing that are prevalent in Duncan include large apartment complexes or high rise apartments ( 18.04%), mobile homes or trailers ( 17.38%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.71%).

The most prevalent building size and type in Duncan are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 53.17% owning and 46.83% renting.

Duncan homes and real estate are some of the newest in America. 45.64% of Duncan's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Duncan real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 38.60%), and between 1940-1969 ( 10.46%). There's also some housing in Duncan built before 1939 ( 5.29%).

Duncan Home Appreciation Rates

In the last 10 years, Duncan has experienced some of the highest home appreciation rates of any community in the nation. Duncan real estate appreciated 120.32% over the last ten years, which is an average annual home appreciation rate of 8.22%, putting Duncan in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Duncan 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 Duncan that despite a nationwide downturn in the housing market, Duncan real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Duncan appreciation rates continue to be some of the highest in America, at 12.12%, which is higher than appreciation rates in 93.88% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Duncan. Duncan appreciation rates in the latest quarter were at -0.10%, which equates to an annual appreciation rate of -0.40%.

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

Relative to South Carolina, our data show that Duncan's latest annual appreciation rate is higher than 70% of the other cities and towns in South Carolina.

Average Home Values

Median Home Value

$250,674

Duncan, SC Home Prices
> $1,499,000
$1,124,001 - $1,499,000
$749,001 - $1,124,000
$600,001 - $749,000
$449,001 - $600,000
$300,001 - $449,000
$150,001 - $300,000
$75,001 - $150,000
$0 - $75,000
0.0%
0.0%
0.7%
0.7%
0.0%
0.0%
0.0%
0.0%
7.9%
7.9%
21.3%
21.3%
51.4%
51.4%
9.1%
9.1%
9.5%
9.5%
0% 100.0%
% of Homes
High

for South carolina

Average

for nation

Number of Homes And Apartments:

1,574

Duncan Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,817 / per month

Homeownership Rate

Owners
Renters
53.2%
53.2%
46.8%
46.8%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
5.4%
5.4%
94.6%
94.6%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
45.6%
45.6%
38.6%
38.6%
10.5%
10.5%
5.3%
5.3%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
61.9%
61.9%
0.0%
0.0%
2.7%
2.7%
18.0%
18.0%
17.4%
17.4%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.0%
0.0%
6.3%
6.3%
22.4%
22.4%
62.4%
62.4%
8.4%
8.4%
0.5%
0.5%
0% 100.0%
% of Homes

Popular Neighborhoods in Duncan

Zip Codes in Duncan, SC