Foreclosures in Sumter, SC 29130

Current Market Conditions in Sumter, SC

The real estate market in Sumter is currently experiencing a steady increase in home prices as demand grows. With affordable properties still available, buyers are drawn to the area for its combination of small-town charm and growing amenities. The market remains competitive as new developments and the appeal of low-interest rates attract homebuyers.

Sumter's market has seen a gradual shift towards a seller's market over the past few months, with increased buyer activity and fewer inventory levels. Homes are selling at a faster pace, often receiving multiple offers, particularly in desirable neighborhoods.

Rent Prices In Sumter, SC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Sumter, SC, is on a rollercoaster ride. The average rent price in Sumter, SC, is $971.00. Indeed, when looking to rent in Sumter, SC, you can expect to pay as little as $440.00 or as much as $2,720.00, with the average rent median estimated to be $880.00. The good news is that finding an affordable and desirable property to rent in Sumter, 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.