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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.
Aug 24, 2024 · Key Takeaways. Median Home Price: The current median home price in South Carolina stands at $383,200 as of July 2024, reflecting a 3.4% increase from the previous year (Redfin). Average Home Value: As per Zillow, the average home value in the state is about $300,746, marking a similar increase of 3.4% over the past year (Zillow).
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 ...
- What’s The South Carolina Housing Market like?
- South Carolina Metro Areas with The Hottest Housing Markets
- Higher Mortgage Rates Could Slow Price Growth in South Carolina
- South Carolina Historic Price Changes & Affordability
Home pricesin South Carolina have appreciated 152.0% higher than the national level from last year. Looking back three years at the median price in October 2019 compared to October 2022, prices have increased 47.5% in South Carolina VS 35.8% nationwide. As of October 2022, the median price for a home in the state was $353,200, which is up 12.6% abo...
The state of South Carolina has seen slightly above-average growth in housing demand in recent years. Consequently, prices had also gone up at a good pace. Some areas within the state have outperformed others though. We will look at the cities with the highest increase in the median price year over year. The top markets with the highest appreciatio...
How will interest rates affect the South Carolina housing market? We are already experiencing the impact of rising interest rates across the nation. Price growth in South Carolina has been flattening or on a slight decline for several months in 2022. However, South Carolina is such a high-demand destination that it may very well fare better than ma...
The South Carolina housing market has seen explosive appreciation for years. The last 3 years have been particularly favorable to homeowners as they saw their homes appreciate by 47.5% in 36 months. The steep rise in home prices and mortgage rates has shrunk affordability to record lows in the state. A 47.5% spike in home prices and a sharp increas...
Aug 21, 2023 · While you can still find median home prices under $200,000 in eight counties around the state, the median price to buy in South Carolina now is above $373,400 – up just over 4% from a year ago and up more than $100,000 compared to five years ago. At the same time, home building in the Carolinas and Georgia is swift, as the Southeast continues ...
Sep 21, 2024 · Sales of new single-family homes jumped 10.6% month-over-month to a seasonally adjusted rate of 739,000 units. For South Carolina, pending sales were down 1.6% overall between September 2023 and ...
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South Carolina has an affordability score of 7.3, meaning it takes 7.3 years of the median household income ($54,864) to afford South Carolina's median home sale price ($402,100). Because of this, we rank South Carolina as the 16th least affordable state for buyers based strictly on prices compared to income. Data Point.
