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 815 people, 442 houses or apartments, and a median cost of homes of $136,009, house prices in Santee are some of the most affordable in South Carolina as well as the nation.
Single-family detached homes are the single most common housing type in Santee, accounting for 58.78% of the town's housing units. Other types of housing that are prevalent in Santee include mobile homes or trailers ( 16.22%), row houses and other attached homes ( 11.26%), and a few large apartment complexes or high rise apartments ( 10.88%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Santee. Owner-occupied housing accounts for 67.06% of Santee's homes, and 62.02% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Santee 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 Santee built between 2000 and later ( 18.70%). A lesser amount of the housing stock also hails from between 1940-1969 ( 5.53%). There's also some housing in Santee built before 1939 ( 1.91%).
Vacant housing appears to be an issue in Santee. Fully 15.65% of the housing stock is classified as vacant. Left unchecked, vacant Santee homes and apartments can be a drag on the real estate market, holding Santee 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.
Appreciation rates for homes in Santee have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 115.22%, which ranks in the top 30% nationwide. This equates to an annual average Santee house appreciation rate of 7.97%.
Appreciation rates are so strong in Santee that despite a nationwide downturn in the housing market, Santee real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Santee appreciation rates continue to be some of the highest in America, at 10.84%, which is higher than appreciation rates in 90.56% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Santee. Santee appreciation rates in the latest quarter were at 0.52%, which equates to an annual appreciation rate of 2.08%.
Notably, Santee's appreciation rate in the latest quarter is one of the lowest in America.
Relative to South Carolina, our data show that Santee's latest annual appreciation rate is higher than 50% of the other cities and towns in South Carolina.
$136,009
for South carolina
for nation
442
$972 / per month