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 1,255 people, 408 houses or apartments, and a median cost of homes of $183,529, house prices in Seabrook are solidly below the national average.
Mobile homes or trailers are the single most common housing type in Seabrook, accounting for 48.49% of the town's housing units. Other types of housing that are prevalent in Seabrook include single-family detached homes ( 41.13%), duplexes, homes converted to apartments or other small apartment buildings ( 3.21%).
Owner-occupied, three and four bedroom dwellings, primarily in mobile homes or trailers are the most prevalent type of housing you will see in Seabrook. Owner-occupied housing accounts for 67.16% of Seabrook's homes, and 80.00% have either three or four bedrooms, which is average sized relative to America.
Seabrook homes and real estate are some of the newest in America. 54.53% of Seabrook'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 Seabrook real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 43.21%), and between 1940-1969 ( 2.26%).
Vacant housing appears to be an issue in Seabrook. Fully 23.02% of the housing stock is classified as vacant. Left unchecked, vacant Seabrook homes and apartments can be a drag on the real estate market, holding Seabrook 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, Seabrook has experienced some of the highest home appreciation rates of any community in the nation. Seabrook real estate appreciated 118.15% over the last ten years, which is an average annual home appreciation rate of 8.11%, putting Seabrook in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Seabrook 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 Seabrook that despite a nationwide downturn in the housing market, Seabrook real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Seabrook appreciation rates continue to be some of the highest in America, at 14.30%, which is higher than appreciation rates in 99.42% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Seabrook. Seabrook appreciation rates in the latest quarter were at 5.84%, which equates to an annual appreciation rate of 25.51%.
Importantly, this makes Seabrook one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.
Relative to South Carolina, our data show that Seabrook's latest annual appreciation rate is higher than 90% of the other cities and towns in South Carolina.
$183,529
for South carolina
for nation
408
$1,740 / per month