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Foreclosure Homes in Columbia, SC 29229

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Reasons to Move to Richland County, SC

Prospective homebuyers are clearly taking advantage of the current interest rates and numerous government assistance programs. These interest rates mean homebuyers in Richland County can now afford much more house for the same monthly payment compared to when rates are higher. Motivated and opportunistic sellers in Richland County can field multiple offers from more qualified buyers, making it a dynamic market for both buyers and sellers.

What type of property to buy in Richland County,

Our extensive database in Richland County includes 340 preforeclosures, foreclosure auction properties, bankruptcies, REOs (real estate owned by lenders), and properties from HUD, VA, Fannie Mae, and other government agencies in Richland County. We also feature listings from over 100 corporate sellers. Our information is updated daily, sourced directly from these entities, ensuring you receive the freshest and most accurate data. This meticulously compiled and organized collection makes your search as straightforward as possible. Only www.foreclosure.com offers this unparalleled, trustworthy resource, backed by our commitment to providing expert, authoritative, and up-to-date information. Visit our FAQ section to read more about the different listing types and how to purchase them.

Pros and Cons of Living in Richland County, SC

How do you know that living in—or moving to— Richland County is the right choice for you? Perhaps you grew up in Richland County or already live nearby, making the decision to buy a home here a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Richland County for work or just looking for a fresh start, understanding the neighborhood from afar (online) can be challenging and exhausting.

Here are some expert tips to consider when shopping for foreclosed homes for sale in Richland County:

  • Neighborhood Environment: Do you prefer a suburban, urban, or rural setting?
  • Shopping and Dining: What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local), and businesses (small, big, mixed) would you like nearby?
  • Leisure Activities: What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • Commute: What type of commute (car, plane, home office) suits your lifestyle?

Creating a "Pros vs. Cons" list of what you need in a home and neighborhood is always a helpful step in making an informed decision. With expert insights and up-to-date market data from foreclosure.com, you can confidently explore the opportunities in Richland County, .


Columbia, SC Foreclosures

How much do homes sell for in Columbia, SC?
The average home price is currently $313,787.
In Columbia, SC, how many homes are available?
There are currently 340 active home listings available in Columbia.
What’s the average rental cost in Columbia, SC?
The average rental price in Columbia is $1,297.
What is the most expensive home in Columbia?
The most expensive home sold in Columbia had a price of $113,699,544.
What is currently the cheapest priced home in Columbia, SC?
The cheapest home for sale in Columbia is priced at $8,147.

Living in Columbia, SC

Columbia, SC, is a thriving city with a rich historical background and a diverse community. The presence of the University of South Carolina fosters a dynamic atmosphere filled with culture and education. With numerous parks and recreational facilities, residents enjoy an active lifestyle alongside a variety of shopping and dining options.

Current Market Conditions in Columbia, SC

The Columbia real estate market has shown steady growth over recent years. As the capital city, it continues to attract new residents and business investments, not only from within the state but from other regions as well. Homes in the area are in demand, particularly for families and professionals seeking the balance of city living combined with suburban amenities.

The rental market remains competitive, with prices reflecting the desirability of the area. Investors are particularly drawn to the potential for appreciation due to ongoing developments in infrastructure and amenities around the city.

Home Value Estimator For Columbia, SC

There are currently 116,149 real estate properties in Columbia, SC, with a median automated valuation model (AVM) price of $230,528.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Columbia, SC, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Columbia, SC, is $313,787.00, with the most expensive house in Columbia, SC, topping out at $113,699,544.00 and the cheapest home in Columbia, SC, clocking in at $8,147.00. In other words, there’s something for every potential homebuyer or savvy investor in Columbia, SC!

Rent Prices In Columbia, SC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Columbia, SC, is on a rollercoaster ride. The average rent price in Columbia, SC, is $1,297.00. Indeed, when looking to rent in Columbia, SC, you can expect to pay as little as $540.00 or as much as $5,060.00, with the average rent median estimated to be $1,230.00. The good news is that finding an affordable and desirable property to rent in Columbia, 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.

Columbia, SC 29229 Foreclosures


Market Trend for Columbia, SC

Total Listings Available: 340

Market Values:

Home Prices from $8,147 to $113,699,544

Average Sales Price: $313,787

Rental Values:

Rental from $540 to $5,060

Average Rent Value: $1,297 / month

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