Living in Gresham, SC
Gresham, South Carolina, is a quaint and welcoming town that offers a peaceful lifestyle surrounded by nature. It is ideal for families and retirees seeking a close-knit community with easy access to outdoor activities and nearby amenities. Gresham features a variety of local shops, schools, and recreational opportunities, making it an appealing place to call home.
Current Market Conditions in Gresham, SC
The real estate market in Gresham has shown steady growth over the past year, with an increasing interest from homebuyers looking for affordable and picturesque living options. Home values have appreciated, and there is currently a limited inventory of homes available, resulting in competitive bidding scenarios in some cases.
Popular among retirees and families, Gresham has become a desirable place to live, resulting in a growing market for single-family homes. The community is experiencing a trend of renovations and new builds, reflecting the demand for housing that accommodates contemporary lifestyles.
Home Value Estimator For Gresham, SC
There are currently 761 real estate properties
in Gresham, SC,
with a median automated valuation model (AVM) price
of $91,626.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Gresham, 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 Gresham, SC,
is $114,418.00, with the most expensive house
in Gresham, SC, topping out
at $613,035.00 and the cheapest home
in Gresham, SC,
clocking in at $14,280.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Gresham, SC!
Rent Prices
In Gresham, SC
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Gresham, SC, is on
a rollercoaster ride. The
average rent price in Gresham, SC,
is $846.00. Indeed, when looking to rent in
Gresham, SC, you can expect to pay as little
as $560.00 or as much
as $1,810.00,
with the average rent median estimated to
be $880.00. The good news is that finding
an affordable and desirable property to rent in Gresham, 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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