Foreclosure Homes in Sumter, SC 29150

Current Market Conditions in Sumter, SC

The Sumter real estate market is experiencing steady growth, driven by affordable housing options and a growing population. The average home prices have shown a consistent upward trend over the last year, making it an attractive option for first-time homebuyers as well as investors.

Currently, the market is competitive, with homes selling relatively quickly due to low inventory and high demand. Many potential homebuyers are drawn to Sumter for its affordability compared to larger cities, creating a vibrant market for real estate transactions.

Rent Prices In Sumter, SC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Sumter, SC, is on a rollercoaster ride. The average rent price in Sumter, SC, is $971.00. Indeed, when looking to rent in Sumter, SC, you can expect to pay as little as $440.00 or as much as $2,720.00, with the average rent median estimated to be $880.00. The good news is that finding an affordable and desirable property to rent in Sumter, SC -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.