The housing market in Summerton, SC is booming! The median value of homes in Summerton is $169,000, which is significantly lower than the US median value of $338,100. However, that doesn't mean it isn't growing! In fact, over the past year the house appreciation in Summerton has been 15.43%, compared to the US 1 year house appreciation of 8.27%. This shows that people are investing in real estate in Summerton and prices are likely to continue to rise as demand continues to increase.
The median home cost in Summerton is $169,000. Home appreciation the last 10 years has been 71.1%. Home Appreciation in Summerton is up 23.1%.
Average Age of Homes
- The median age of Summerton real estate is 49 years old
The Rental Market in Summerton
- Renters make up 48.0% of the Summerton population
- 0.0% of houses and apartments in Summerton, 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.