The housing market in the Sumter, SC Metro Area is booming! The median value of homes in the area is $155,400 which is significantly less than the US House Median Value of $338,100. While one year US House Appreciation was 8.27%, Sumter experienced an impressive increase of 18.23%. This indicates thatSumter's housing market is on a strong growth trajectory - a great time for buyers and sellers alike!
The median home cost in Sumter Metro Area is $155,400. Home appreciation the last 10 years has been 72.1%. Home Appreciation in Sumter Metro Area is up 23.0%.
Average Age of Homes
- The median age of Sumter Metro Area real estate is 32 years old
The Rental Market in Sumter Metro Area
- Renters make up 30.5% of the Sumter Metro Area population
- 1.4% of houses and apartments in Sumter 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.