Foreclosures in Summerton, SC

Current Market Conditions in Summerton, SC

The real estate market in Summerton, SC is characterized by its affordability and the growing interest of homebuyers seeking a retreat from bustling city life. Demand has increased due to the town's appeal as a vacation destination and a home for retirees. Overall, properties have been selling steadily, often going under contract fairly quickly, especially those near the lakefront.

There has been a noticeable uptick in new construction in the area as developers recognize the potential for vacation rentals and year-round residences. However, inventory remains limited, which is driving home prices upwards as buyers compete for available properties.

Rent Prices In Summerton, SC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Summerton, SC, is on a rollercoaster ride. The average rent price in Summerton, SC, is $1,045.00. Indeed, when looking to rent in Summerton, SC, you can expect to pay as little as $430.00 or as much as $2,820.00, with the average rent median estimated to be $1,010.00. The good news is that finding an affordable and desirable property to rent in Summerton, 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.