The housing market in 29063 Irmo, SC is thriving compared to the national average. The median value of homes in the area is $245,800, which is significantly less than the US median value of $338,100. However, over the past year, housing appreciation has been much higher in Irmo than across the nation. The US median appreciation rate was 8.27%, but for homes in Irmo that number was 18.53%. This increase suggests that housing prices are continuing to rise and that this area may be a good investment opportunity for buyers.
The median home cost in Irmo (zip 29063) is $245,800. Home appreciation the last 10 years has been 81.3%. Home Appreciation in Irmo (zip 29063) is up 22.5%.
Average Age of Homes
- The median age of Irmo (zip 29063) real estate is 23 years old
The Rental Market in Irmo (zip 29063)
- Renters make up 13.1% of the Irmo (zip 29063) population
- 0.7% of houses and apartments in Irmo (zip 29063), 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.