The housing in 29003 Bamberg, SC is quite robust. The median value of housing is $109,700, which is significantly lower than the US House median value of $338,100. Despite this discrepancy, the one-year appreciation rate for houses in 29003 Bamberg is 18.53%, much higher than the 8.27% national average. This indicates a strong local economy and a healthy real estate market for those looking to buy or rent in 29003 Bamberg.
The median home cost in Bamberg (zip 29003) is $109,700. Home appreciation the last 10 years has been 81.3%. Home Appreciation in Bamberg (zip 29003) is up 22.5%.
Average Age of Homes
- The median age of Bamberg (zip 29003) real estate is 35 years old
The Rental Market in Bamberg (zip 29003)
- Renters make up 14.1% of the Bamberg (zip 29003) population
- 1.9% of houses and apartments in Bamberg (zip 29003), 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.