The housing market in Welcome, SC is very healthy compared to the national average. The median value of homes in Welcome is $140,200, which is significantly less than the national median value of $338,100. In addition, over the past year Welcome has experienced an impressive 16.92% increase in house appreciation rate, far higher than the 8.27% rate nationally. This shows that home values are increasing rapidly and this could be a great time to invest in real estate in Welcome.
The median home cost in Welcome is $140,200. Home appreciation the last 10 years has been 105.6%. Home Appreciation in Welcome is up 21.9%.
Average Age of Homes
- The median age of Welcome real estate is 44 years old
The Rental Market in Welcome
- Renters make up 27.3% of the Welcome population
- 1.8% of houses and apartments in Welcome, 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.