The housing market in 29148 Summerton, SC is thriving. According to the data provided, the median value of houses in this area is $164,700 which is dramatically lower than the U.S. median house value of $338,100. Additionally, while the US house appreciation rate over the past year was 8.27%, the appreciation rate for homes in 29148 Summerton was 15.43%. This suggests that investing in real estate in this area would be a wise decision, as it could lead to a high return on investment.
The median home cost in Summerton (zip 29148) is $164,700. Home appreciation the last 10 years has been 71.1%. Home Appreciation in Summerton (zip 29148) is up 23.1%.
Average Age of Homes
- The median age of Summerton (zip 29148) real estate is 30 years old
The Rental Market in Summerton (zip 29148)
- Renters make up 17.7% of the Summerton (zip 29148) population
- 0.6% of houses and apartments in Summerton (zip 29148), 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.