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Forest Acres $318,661. Gaston $115,745. Columbia $229,796. Pine Ridge $253,551. Swansea $149,384. Move forward with a local partner. Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
Home prices were up compared to last year. The overall median sales price increased 12.1 percent to $245,000 for the year. Single Family home prices were up 12.6 percent compared to last year, and Condo home prices were up 12.3 percent.
- Average Closing Costs in South Carolina
- Does The Buyer Or Seller Pay Closing Costs in South Carolina?
- Ongoing Costs of Homeownership in South Carolina
- Top Ways to Save Money When Buying A House in South Carolina
- Methodology
Buyer closing costs in South Carolina
While the other costs to buy a house in South Carolina are pretty transparent, South Carolina closing costs are a bit more nuanced. They're actually a series of smaller costs lumped together into one total. Here's a breakdown of all of the South Carolina closing costsyou'll likely pay when buying a home.
The seller typically pays the bulk of the closing costs in South Carolina. The seller is responsible for costs like title insurance, real estate transfer tax, and recording fees. The seller also pays their listing agent. 1. Traditionally, the seller set the fee they were willing to pay a buyer's agent. 2. In August 2024, a lawsuit against the Natio...
Unfortunately, the cost to buy a house is just the beginning. After closing, you'll officially own the home and begin paying for the ongoing costs of homeownership. Besides the expenses outlined above, you'll also want to consider private mortgage insurance (PMI) and homeowner's association (HOA) fees. 1. If you pay less than 20% as a down payment ...
1. Look into better financing options
Paying off debts and getting your credit in the best shape possible before applying for a loan will help you get a better interest rate, which will lower your monthly payments for the life of the loan. You can also shop around to compare lenders so you get the lowest fees and interest rates available. It may be a good idea to enlist the help of a mortgage broker if you're not sure how to go about vetting lenders.
2. Participate in home buyer programs in South Carolina
South Carolina has a few programs available that make buying a house easier. For instance, SC Housing’s Homebuyer Program offers eligible buyers a competitive fixed-rate loan with the option for down payment assistance. It also has the Housing Choice Voucher Homeownership Program for renters looking to move into their own home and the Palmetto Home Advantage, which provides forgivable down payment assistance. There is also the USDA, which offers the Single Family Housing Direct Home Loans for...
3. Partner with an expert agent
Some real estate companies, like Clever, offer home buyers a percentage of their home's price back after the sale finalizes. That means if you work with a Clever agent, you'll not only get the expertise that helps you get the best deal possible — you could also get up to 0.5% of your home price back after closing!
The Clever team of researchers gathered data for property taxes, transfer taxes, and recording fees using publicly available information. We found average costs for attorney fees, title insurance, and other services by requesting quotes from local providers. Home values are based onZillowdata as of July 2024.
- $298
- $20
- $1,489
- $500
Jun 30, 2023 · News. South Carolina House Price Index is at a current level of 433.44, up from 423.66 last quarter and up from 404.28 one year ago. This is a change of 2.31% from last quarter and 7.21% from one year ago. In depth view into South Carolina House Price Index including historical data from 1991 to 2024, charts and stats.
- 2.31%
- Federal Housing Finance Agency
- South Carolina
- 423.66
Homes in South Carolina have a median price of $381,300, which means you’ll need $38,130 for a 10% down payment. Housing costs have increased 3.6% in the past year. When you’re several months ...
There were 11,854 active listings at the end of 2021. New listings decreased by 5.0 percent to finish the year at 133,687. Bedroom Count: In 2021, properties with 2 Bedrooms or Fewer saw the largest growth in closed sales at 22.7 percent, ending the year at 18,842 units sold. The highest percent of list price recived was tied between 3 bedrooms ...
South Carolina Appreciation Rates. Time Period. Total Appreciation. Average Annual Rate. Compared to America*. Latest Quarter: 2023 Q4 - 2024 Q1. 0.34%. 1.36%.
