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The average South Carolina home value is $296,987, up 2.7% over the past year and goes to pending in around 26 days. What is the Zillow Home Values Index? Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Apr 16, 2024 · According to the latest March report from South Carolina Realtors, for the 12 month period from April 2023 to March 2024, pending sales in the state were down 4.6% overall. The $1 million and ...
- Patrick Mccreless
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).
- 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...
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.
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 ...
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Jul 25, 2024 · The median price of homes in South Carolina was $340,000 in the second quarter of 2024 — a 3% jump ... % change: Pee Dee: $203,900 ... defying a trend of ticking up in June over the past four ...
