The housing market in Pendleton, SC is booming with the median value of a house being $241,400. This is substantially lower than the US median value of $338,100 and is allowing people to buy houses at an affordable rate. In addition, house appreciation in Pendleton, SC has been incredibly high over the past year at 16.92%, which is more than double the US 1 year house appreciation rate of 8.27%. This makes Pendleton a great option for those looking to invest in real estate.
The median home cost in Pendleton is $241,400. Home appreciation the last 10 years has been 105.6%. Home Appreciation in Pendleton is up 21.9%.
Average Age of Homes
- The median age of Pendleton real estate is 42 years old
The Rental Market in Pendleton
- Renters make up 40.3% of the Pendleton population
- 2.8% of houses and apartments in Pendleton, 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.