Socastee, SC is a desirable destination for potential homebuyers due to the comparatively high median value of homes at $196,600. This is substantially lower than the US House Median Value of $338,100, making it a more affordable option. In addition to these savings, house appreciation in Socastee has been higher than the national average 1 year appreciation rate which stands at 8.27%. Over the past year, the appreciation rate for homes in Socastee stands at 15.54%, making it an even more attractive investment opportunity.
The median home cost in Socastee is $196,600. Home appreciation the last 10 years has been 81.7%. Home Appreciation in Socastee is up 21.9%.
Average Age of Homes
- The median age of Socastee real estate is 23 years old
The Rental Market in Socastee
- Renters make up 35.1% of the Socastee population
- 1.9% of houses and apartments in Socastee, 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.