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 209 people, 119 houses or apartments, and a median cost of homes of $376,182, Pauline real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Pauline, accounting for 84.40% of the town's housing units. Other types of housing that are prevalent in Pauline include mobile homes or trailers ( 15.60%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Pauline. Owner-occupied housing accounts for 92.44% of Pauline's homes, and 56.74% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Pauline 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 Pauline built between 2000 and later ( 31.21%). A lesser amount of the housing stock also hails from between 1940-1969 ( 6.38%).
Vacant housing appears to be an issue in Pauline. Fully 15.60% of the housing stock is classified as vacant. Left unchecked, vacant Pauline homes and apartments can be a drag on the real estate market, holding Pauline 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, Pauline has experienced some of the highest home appreciation rates of any community in the nation. Pauline real estate appreciated 139.22% over the last ten years, which is an average annual home appreciation rate of 9.11%, putting Pauline in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Pauline 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, Pauline appreciation rates have trailed the rest of the nation. In the last twelve months, Pauline'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 Pauline were at 2.78%, which equates to an annual appreciation rate of 11.59%.
Importantly, this makes Pauline 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 Pauline's latest annual appreciation rate is lower than 70% of the other cities and towns in South Carolina.
$376,182
for South carolina
for nation
119
$1,699 / per month