Red Bank, SC Foreclosures
How much do homes sell for in Red Bank, SC?
The average home price is currently $174,522.
What’s the average rental cost in Red Bank, SC?
The average rental price in Red Bank is $1,364.
What is the most expensive home in Red Bank?
The most expensive home sold in Red Bank had a price of $360,757.
What is currently the cheapest priced home in Red Bank, SC?
The cheapest home for sale in Red Bank is priced at $51,199.
Living in Red Bank, SC
Red Bank, SC is a suburban area near Lexington that offers a fantastic quality of life with a strong community spirit. The area features good schools, local parks, and convenient shopping options, making it an ideal place for families. Outdoor activities abound, providing residents with plenty of leisure options.
Current Market Conditions in Red Bank, SC
The real estate market in Red Bank continues to show signs of growth, with a steady increase in home prices and demand. Observing trends from the past year, the community has attracted new residents looking for affordable housing options near urban centers.
Market activity has remained robust, with many homes receiving multiple offers and selling above asking price. The low inventory of homes for sale has created competitive conditions, while new constructions are also starting to pop up.
Home Value Estimator For Red Bank, SC
There are currently 23 real estate properties
in Red Bank, SC,
with a median automated valuation model (AVM) price
of $192,428.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Red Bank, 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 Red Bank, SC,
is $174,522.00, with the most expensive house
in Red Bank, SC, topping out
at $360,757.00 and the cheapest home
in Red Bank, SC,
clocking in at $51,199.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Red Bank, SC!
Rent Prices
In Red Bank, SC
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Red Bank, SC, is on
a rollercoaster ride. The
average rent price in Red Bank, SC,
is $1,364.00. Indeed, when looking to rent in
Red Bank, SC, you can expect to pay as little
as $940.00 or as much
as $1,920.00,
with the average rent median estimated to
be $1,410.00. The good news is that finding
an affordable and desirable property to rent in Red Bank, 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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