Five Forks, SC is an area with a strong real estate market. The median value of housing in the area is $420,300, which is significantly higher than the US median value, which is $338,100. This difference can be attributed to the high rate of house appreciation in Five Forks—at 16.92%, it's almost double the national average of 8.27%. This indicates a strong and stable real estate market in Five Forks that will likely remain attractive to prospective homebuyers for years to come.
The median home cost in Five Forks is $420,300. Home appreciation the last 10 years has been 105.6%. Home Appreciation in Five Forks is up 21.9%.
Average Age of Homes
- The median age of Five Forks real estate is 18 years old
The Rental Market in Five Forks
- Renters make up 8.0% of the Five Forks population
- 0.2% of houses and apartments in Five Forks, 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.