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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.



Woodruff, 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 Q4 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2023 (latest available). Updated annually.

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

Woodruff, SC Housing Market Trends

With 4,569 people, 1,804 houses or apartments, and a median cost of homes of $280,945, Woodruff real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Woodruff, accounting for 70.12% of the city's housing units. Other types of housing that are prevalent in Woodruff include duplexes, homes converted to apartments or other small apartment buildings ( 9.96%), mobile homes or trailers ( 9.19%), and a few large apartment complexes or high rise apartments ( 8.78%).

People in Woodruff primarily live in small (one, two or no bedroom) single-family detached homes. Woodruff has a mixture of owner-occupied and renter-occupied housing.

The housing in Woodruff was primarily built before 1939 ( 34.42%), making the housing stock in Woodruff some of the oldest overall in America, although there is a range of ages of homes in Woodruff. The next most important housing age is between 1940-1969 ( 26.65%), followed by between 1970-1999 ( 25.42%). There's also some housing in Woodruff built between 2000 and later ( 13.51%).

Vacant housing appears to be an issue in Woodruff. Fully 17.96% of the housing stock is classified as vacant. Left unchecked, vacant Woodruff homes and apartments can be a drag on the real estate market, holding Woodruff 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.

Woodruff Home Appreciation Rates

In the last 10 years, Woodruff has experienced some of the highest home appreciation rates of any community in the nation. Woodruff real estate appreciated 131.39% over the last ten years, which is an average annual home appreciation rate of 8.75%, putting Woodruff in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Woodruff definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Woodruff appreciation rates have trailed the rest of the nation. In the last twelve months, Woodruff's appreciation rate has been 5.59%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Woodruff were at 2.78%, which equates to an annual appreciation rate of 11.59%.

Importantly, this makes Woodruff one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

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

Average Home Values

Median Home Value

$280,945

Woodruff, SC Home Prices
> $1,438,000
$1,079,001 - $1,438,000
$719,001 - $1,079,000
$575,001 - $719,000
$431,001 - $575,000
$288,001 - $431,000
$144,001 - $288,000
$72,001 - $144,000
$0 - $72,000
0.2%
0.2%
0.2%
0.2%
0.0%
0.0%
0.1%
0.1%
1.1%
1.1%
54.7%
54.7%
20.8%
20.8%
15.8%
15.8%
7.1%
7.1%
0% 100.0%
% of Homes
High

for South carolina

Average

for nation

Number of Homes And Apartments:

1,804

Woodruff Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,194 / per month

Homeownership Rate

Owners
Renters
52.5%
52.5%
47.5%
47.5%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
18.0%
18.0%
82.0%
82.0%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
13.5%
13.5%
25.4%
25.4%
26.6%
26.6%
34.4%
34.4%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
70.1%
70.1%
2.0%
2.0%
10.0%
10.0%
8.8%
8.8%
9.2%
9.2%
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
5.5%
5.5%
8.1%
8.1%
42.2%
42.2%
27.8%
27.8%
13.2%
13.2%
3.1%
3.1%
0% 100.0%
% of Homes