Richland, SC County is a great place to invest in real estate. The median value of housing in Richland County is $232,900, which is significantly lower than the US median house value of $338,100. Additionally, housing appreciation in Richland County has been higher than the national average over the last year, with an increase of 15.43%, compared to the 8.27% house appreciation rate across the US. This makes Richland an ideal area for anyone looking to purchase a home and gain equity quickly through property appreciation.
The median home cost in Richland County is $232,900. Home appreciation the last 10 years has been 74.4%. Home Appreciation in Richland County is up 17.7%.
Average Age of Homes
- The median age of Richland County real estate is 32 years old
The Rental Market in Richland County
- Renters make up 35.4% of the Richland County population
- 2.2% of houses and apartments in Richland County, 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.