Rock Hill, SC is an attractive location for housing as the median value is significantly lower than the US house median value at $279,500. Additionally, the appreciation of Rock Hill's housing market is quite impressive with a 1 year appreciation rate of 19.31%, almost double the national average of 8.27%. This shows that Rock Hill real estate has been steadily growing in value over the past year and will likely continue to do so in the future. With its lower median house value and above average appreciation rate, Rock Hill is an ideal place to invest in a home or look for more affordable housing options.
The median home cost in Rock Hill is $279,500. Home appreciation the last 10 years has been 115.8%. Home Appreciation in Rock Hill is up 23.3%.
Average Age of Homes
- The median age of Rock Hill real estate is 26 years old
The Rental Market in Rock Hill
- Renters make up 44.0% of the Rock Hill population
- 2.7% of houses and apartments in Rock Hill, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.