The housing market in Lane, SC is quite strong compared to the national average. The median value of a home in Lane is $73,100 which is significantly lower than the national median value of $338,100. Additionally, the 1 year appreciation rate of homes in Lane is 15.54%, much higher than the US average of 8.27%. This upwards trend suggests that investing in property in Lane can be a great option for those looking to purchase a home or invest in real estate.
The median home cost in Lane is $73,100. Home appreciation the last 10 years has been 81.7%. Home Appreciation in Lane is up 21.9%.
Average Age of Homes
- The median age of Lane real estate is 40 years old
The Rental Market in Lane
- Renters make up 18.8% of the Lane population
- 0.0% of houses and apartments in Lane, 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.