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 18,991 people, 7,547 houses or apartments, and a median cost of homes of $314,425, Longs 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 Longs, accounting for 73.21% of the town's housing units. Other types of housing that are prevalent in Longs include mobile homes or trailers ( 14.45%), large apartment complexes or high rise apartments ( 9.08%), and a few row houses and other attached homes ( 2.55%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Longs. Owner-occupied housing accounts for 84.58% of Longs's homes, and 78.59% have either three or four bedrooms, which is average sized relative to America.
Longs homes and real estate are some of the newest in America. 67.76% of Longs'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 Longs real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 26.60%), and between 1940-1969 ( 5.18%).
Vacant housing appears to be an issue in Longs. Fully 13.71% of the housing stock is classified as vacant. Left unchecked, vacant Longs homes and apartments can be a drag on the real estate market, holding Longs 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 Longs have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 95.12%, which ranks in the top 50% nationwide. This equates to an annual average Longs house appreciation rate of 6.91%.
NeighborhoodScout's data show that during the latest twelve months, Longs's appreciation rate, at 4.40%, has been at or slightly above the national average. In the latest quarter, Longs's appreciation rate has been 0.15%, which annualizes to a rate of 0.59%.
Relative to South Carolina, our data show that Longs's latest annual appreciation rate is higher than 50% of the other cities and towns in South Carolina.
$314,425
for South carolina
for nation
7,547
$2,695 / per month