Housing in Nichols, SC is quite affordable with a median value of $110,200. This is significantly lower than the median value of the average US house which stands at $338,100. The 1 year appreciation rate for US housing is 8.27%, whereas in Nichols it is 15.54%. This means that the housing values in Nichols have seen an increased appreciation rate compared to the rest of the United States over the past year. With such an advantageous increase in prices along with its relatively low cost, Nichols would be an ideal location for anyone looking to purchase a home.
The median home cost in Nichols is $110,200. Home appreciation the last 10 years has been 81.7%. Home Appreciation in Nichols is up 21.9%.
Average Age of Homes
- The median age of Nichols real estate is 40 years old
The Rental Market in Nichols
- Renters make up 21.9% of the Nichols population
- 0.0% of houses and apartments in Nichols, 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.