The housing market in Springfield, SC is performing quite well compared to the national average. According to the data, the median value of a house in Springfield, SC is $85,700. This is significantly lower than the US median value of $338,100. However, in terms of appreciation rates, houses have increased by 15.43% over the past year in Springfield as opposed to 8.27% nationally. This shows that there is strong investment potential and a healthy demand for housing in Springfield, SC.
The median home cost in Springfield is $85,700. Home appreciation the last 10 years has been 71.1%. Home Appreciation in Springfield is up 23.1%.
Average Age of Homes
- The median age of Springfield real estate is 47 years old
The Rental Market in Springfield
- Renters make up 10.1% of the Springfield population
- 0.0% of houses and apartments in Springfield, 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.