The housing situation in Northlake, SC is very strong. The median value for homes in Northlake, SC has consistently been higher than the US average, currently standing at $239,100 compared to the national median of $338,100. This value has also appreciated significantly over the past year, with a 16.92% increase in comparison to the US average of 8.27%. These factors make Northlake one of the most desirable places to live for potential buyers looking for a home that will appreciate in value over time.
The median home cost in Northlake is $239,100. Home appreciation the last 10 years has been 105.6%. Home Appreciation in Northlake is up 21.9%.
Average Age of Homes
- The median age of Northlake real estate is 32 years old
The Rental Market in Northlake
- Renters make up 18.7% of the Northlake population
- 2.8% of houses and apartments in Northlake, 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.