The housing market in Central, SC is highly desirable due to its relatively low housing median value of $226,300 compared to the US house median value of $338,100. This difference means that homeowners in Central, SC can find a great deal on their desired homes while still having access to all the amenities and attractions that the area has to offer. Moreover, the one year appreciation rate for houses in Central, SC is 16.92%, which is significantly higher than the US one year house appreciation rate of 8.27%. This indicates that investing in property in Central, SC could be a wise decision as values are likely to increase over time.
The median home cost in Central is $226,300. Home appreciation the last 10 years has been 105.6%. Home Appreciation in Central is up 21.9%.
Average Age of Homes
- The median age of Central real estate is 26 years old
The Rental Market in Central
- Renters make up 68.7% of the Central population
- 7.3% of houses and apartments in Central, 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.