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 29 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 dynamic city that combines cultural vibrancy with southern hospitality. Known for its historical significance and educational institutions, particularly the University of South Carolina, the city offers a wealth of amenities for its residents. With access to outdoor adventures, diverse dining, and a growing economy, Columbia is an ideal place for families and young professionals to call home.
Current Market Conditions in Columbia, SC
Columbia's real estate market has shown steady growth over the past year, with increasing demand for single-family homes and condominiums. The influx of new residents, driven by job opportunities in various sectors, is keeping inventory levels low, which is contributing to rising home prices. Additionally, the city has seen a surge in investment properties, catering to the growing rental market.
Recent developments in the region have led to improved infrastructure and amenities, enhancing attractiveness for homebuyers. The city's relatively affordable housing market compared to other metropolitan areas further fuels interest, making it a hot spot for first-time buyers.
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.
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