Foreclosure Homes in Sumter, SC

Current Market Conditions in Sumter, SC

The real estate market in Sumter is currently experiencing a steady demand for homes, with inventory levels slightly decreasing over the past few months. This trend suggests that buyers are competing for the available properties, leading to a potential rise in home prices shortly.

Growing interest in Sumter has been driven by its affordability compared to neighboring cities, making it an appealing option for first-time homebuyers and investors. The local economy continues to grow, enhancing the attractiveness of the real estate market.

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.