The housing market in 29563 Lake View, SC has been very strong over the last year, with the median home value soaring to $103,300. This is considerably lower than the US House Median Value of $338,100. While the US 1 year House Appreciation rate was 8.27%, in 29563 Lake View it was much higher with a 15.54% jump in median house values. This is good news for those looking to invest in this area as it indicates that housing prices are likely to continue to increase and provide a great return on investment.
The median home cost in Lake View (zip 29563) is $103,300. Home appreciation the last 10 years has been 81.7%. Home Appreciation in Lake View (zip 29563) is up 21.9%.
Average Age of Homes
- The median age of Lake View (zip 29563) real estate is 41 years old
The Rental Market in Lake View (zip 29563)
- Renters make up 30.4% of the Lake View (zip 29563) population
- 11.3% of houses and apartments in Lake View (zip 29563), 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.