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Preforeclosure Homes in Columbia, SC 29229

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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 Preforeclosure Homes


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