Gaffney Metro Area, SC Housing

The housing market in Gaffney, SC Metro Area is booming. The median value for homes in the area is $143,800, significantly lower than the US house median of $338,100. In addition to being more affordable, the appreciation rate for homes in Gaffney is also much higher than the national 1-year house appreciation rate of 8.27%. The 1-year house appreciation rate in Gaffney is 19.17%, showing a steady growth that could potentially make it an attractive market for investors and home buyers alike.

The median home cost in Gaffney Metro Area is $143,800. Home appreciation the last 10 years has been 99.0%. Home Appreciation in Gaffney Metro Area is up 21.4%.

Average Age of Homes

- The median age of Gaffney Metro Area real estate is 34 years old

The Rental Market in Gaffney Metro Area

- Renters make up 27.4% of the Gaffney Metro Area population
- 2.0% of houses and apartments in Gaffney Metro Area, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Gaffney, South Carolina	United States
	24,635.0	139,647,020.0
	39	42
	$143,800	$338,100
	21.4%	16.6%
	68.0%	57.0%
	99.0%	101.1%
	$5.02	$10.98
	$533	$2,690
	60.0%	57.4%
	14.4%	11.2%
	25.6%	31.4%
Vacant Housing
	2.0%	1.9%
	0.1%	0.4%
	0.6%	0.7%
	0.4%	0.4%
	0.1%	3.6%
	11.3%	4.1%
Value of Owner-Occupied Housing
	8.2%	2.6%
	6.5%	2.4%
	9.4%	2.8%
	12.3%	3.9%
	10.7%	4.5%
	18.9%	11.3%
	14.8%	13.0%
	13.4%	20.1%
	4.5%	13.6%
	0.4%	8.3%
	0.2%	9.7%
	0.5%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	14.5%	13.6%
	14.5%	13.6%
	19.5%	13.6%
	14.1%	13.2%
	18.2%	14.8%
	19.5%	13.6%
	7.6%	10.0%
	4.6%	4.7%
	6.1%	12.2%

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