Seneca, SC is a city known for its real estate market. The median value of housing in this area is $266,000, which is significantly lower than the US house median value of $338,100. This makes Seneca an attractive place to purchase a home due to its affordability. Furthermore, the 1 year appreciation of houses in this area is 16.92%, which is much higher than the US average of 8.27%. This makes investing in Seneca's real estate market even more appealing, as homeowners can benefit from higher returns on their investments.
The median home cost in Seneca is $266,000. Home appreciation the last 10 years has been 105.6%. Home Appreciation in Seneca is up 21.9%.
Average Age of Homes
- The median age of Seneca real estate is 40 years old
The Rental Market in Seneca
- Renters make up 37.3% of the Seneca population
- 3.4% of houses and apartments in Seneca, 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.