The housing market in St. Stephen, SC is an attractive option for potential homeowners due to its affordability. The median house value in St. Stephen stands at $117,900, which is significantly lower than the overall US median value of $338,100. This makes it a great choice for budget-conscious buyers looking for a home. Furthermore, the past year has seen some impressive appreciation in house values in St. Stephen with a rate of 17.10%, compared to the national average of 8.27%. Therefore, this market looks to be promising for those who are interested in investing in the housing sector in the area.
The median home cost in St. Stephen is $117,900. Home appreciation the last 10 years has been 136.5%. Home Appreciation in St. Stephen is up 23.1%.
Average Age of Homes
- The median age of St. Stephen real estate is 36 years old
The Rental Market in St. Stephen
- Renters make up 28.1% of the St. Stephen population
- 5.5% of houses and apartments in St. Stephen, 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.