Gaffney, SC has an impressive housing market with a median value of $143,300. This is significantly lower than the US housing median value of $338,100; however, Gaffney's 1 year house appreciation rate of 18.46% is more than double the national average of 8.27%. This means that homes in Gaffney have seen significant increases in value over the past year and will likely continue to appreciate in value in coming years, making it an attractive option for potential home buyers.
The median home cost in Gaffney is $143,300. Home appreciation the last 10 years has been 95.2%. Home Appreciation in Gaffney is up 21.0%.
Average Age of Homes
- The median age of Gaffney real estate is 49 years old
The Rental Market in Gaffney
- Renters make up 38.2% of the Gaffney population
- 3.6% of houses and apartments in Gaffney, 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.