South Sumter, SC is an area characterized by affordable housing. The median value for a house in South Sumter is $93,900, which is significantly lower than the US median of $338,100. In comparison to the nationwide appreciation of 8.27%, the 1 year house appreciation in South Sumter was 15.43%. This suggests that South Sumter is an area where housing prices are appreciating rapidly and investors should take note of this trend.
The median home cost in South Sumter is $93,900. Home appreciation the last 10 years has been 71.1%. Home Appreciation in South Sumter is up 23.1%.
Average Age of Homes
- The median age of South Sumter real estate is 42 years old
The Rental Market in South Sumter
- Renters make up 30.7% of the South Sumter population
- 2.7% of houses and apartments in South Sumter, 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.