Foreclosure Homes in Summerville, SC 29448

Current Market Conditions in Summerville, SC

The real estate market in Summerville is currently competitive. The town has seen a steady increase in home prices due to high demand and limited inventory. Buyers are often faced with multiple offer situations, particularly for well-maintained properties in desirable neighborhoods.

Recent trends indicate that neighborhoods closer to the historic downtown are becoming increasingly popular, leading to a surge in market interest. Buyers are also drawn to Summerville's reputation for family-friendly environments and excellent schools, contributing to a healthy housing market.

Rent Prices In Summerville, SC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Summerville, SC, is on a rollercoaster ride. The average rent price in Summerville, SC, is $1,367.00. Indeed, when looking to rent in Summerville, SC, you can expect to pay as little as $610.00 or as much as $4,480.00, with the average rent median estimated to be $1,320.00. The good news is that finding an affordable and desirable property to rent in Summerville, 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.