Red Bank, SC Foreclosures
How much do homes sell for in Red Bank, SC?
The average home price is currently $181,533.
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 $445,782.
What is currently the cheapest priced home in Red Bank, SC?
The cheapest home for sale in Red Bank is priced at $48,477.
Living in Red Bank, SC
Red Bank, South Carolina is a quaint suburban community located just outside of Columbia. It is known for its family-friendly atmosphere, access to parks and recreational areas, and a mix of residential properties. The area boasts a strong sense of community with local events and activities, making it an attractive place for families and individuals alike.
Current Market Conditions in Red Bank, SC
The real estate market in Red Bank, SC, is experiencing a steady increase in demand, with home prices rising 5% over the past year. The community continues to appeal to families and young professionals seeking affordable housing options while being close to the amenities of Columbia.
As of this month, homes are selling quickly, often within a few weeks of being listed. This trend indicates a healthy market with growing interest from buyers, creating a competitive landscape for available properties in Red Bank.
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 $199,996.00. 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 $181,533.00, with the most expensive house
in Red Bank, SC, topping out
at $445,782.00 and the cheapest home
in Red Bank, SC,
clocking in at $48,477.00. 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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