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 16,621, 4,872 total housing units (homes and apartments), and a median house value of $342,858, Moncks Corner real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Moncks Corner, accounting for 79.14% of the town's housing units. Other types of housing that are prevalent in Moncks Corner include large apartment complexes or high rise apartments ( 7.47%), duplexes, homes converted to apartments or other small apartment buildings ( 6.37%), and a few mobile homes or trailers ( 4.95%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Moncks Corner. Owner-occupied housing accounts for 75.13% of Moncks Corner's homes, and 75.20% have either three or four bedrooms, which is average sized relative to America.
Moncks Corner homes and real estate are some of the newest in America. 58.10% of Moncks Corner'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 Moncks Corner real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 27.94%), and between 1940-1969 ( 12.63%). There's also some housing in Moncks Corner built before 1939 ( 1.32%).
In the last 10 years, Moncks Corner has experienced some of the highest home appreciation rates of any community in the nation. Moncks Corner real estate appreciated 123.05% over the last ten years, which is an average annual home appreciation rate of 8.35%, putting Moncks Corner in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Moncks Corner definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
NeighborhoodScout's data show that during the latest twelve months, Moncks Corner's appreciation rate, at 8.05%, has been at or slightly above the national average. In the latest quarter, Moncks Corner's appreciation rate has been 0.43%, which annualizes to a rate of 1.72%.
Relative to South Carolina, our data show that Moncks Corner's latest annual appreciation rate is higher than 50% 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 town. Individual neighborhoods within Moncks Corner differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Moncks Corner - 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 Moncks Corner real estate investment or home purchase decisions.
$342,858
for South carolina
for nation
4,872
$2,183 / per month