Cherryvale, SC is a great place to invest in housing. The median value of a home in the area is $88,700, which is much lower than the US median value of $338,100. Over the past year, homes in Cherryvale have appreciated by 15.43%, more than 7% higher than the national average of 8.27%. This makes it an ideal location for those looking to purchase property and get a good return on their investment.
The median home cost in Cherryvale is $88,700. Home appreciation the last 10 years has been 71.1%. Home Appreciation in Cherryvale is up 23.1%.
Average Age of Homes
- The median age of Cherryvale real estate is 32 years old
The Rental Market in Cherryvale
- Renters make up 48.3% of the Cherryvale population
- 4.4% of houses and apartments in Cherryvale, 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.