The housing in Blacksburg, SC is very affordable compared to the national average. The median value of a home in Blacksburg stands currently at $118,100, which is significantly lower than the U.S. median value of $338,100. In addition, the 1-year appreciation rate for homes in Blacksburg is much higher than the national rate; it stands at 19.31%, while the US House appreciation rate only stands at 8.27%. This indicates that there are opportunities for significant home equity growth in the area and potential for real estate investment gains.
The median home cost in Blacksburg is $118,100. Home appreciation the last 10 years has been 115.8%. Home Appreciation in Blacksburg is up 23.3%.
Average Age of Homes
- The median age of Blacksburg real estate is 46 years old
The Rental Market in Blacksburg
- Renters make up 30.6% of the Blacksburg population
- 0.0% of houses and apartments in Blacksburg, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.