The housing market in 29483 Summerville, SC is thriving. According to recent statistics, the median value of housing in this area is $334,400 which is slightly lower than the national median of $338,100. However, the one year appreciation rate for this region has been 17.10%, far higher than the national average of 8.27%. This indicates that the housing market in Summerville is growing and rising quickly, making it a great place to invest in real estate.
The median home cost in Summerville (zip 29483) is $334,400. Home appreciation the last 10 years has been 136.5%. Home Appreciation in Summerville (zip 29483) is up 23.1%.
Average Age of Homes
- The median age of Summerville (zip 29483) real estate is 22 years old
The Rental Market in Summerville (zip 29483)
- Renters make up 29.3% of the Summerville (zip 29483) population
- 3.0% of houses and apartments in Summerville (zip 29483), 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.