Lake City, SC has an impressive housing median value of $107,800 which is significantly lower than the US House Median Value of $338,100. The US 1 year House Appreciation rate is 8.27%, yet the house 1 year appreciation in Lake City, SC is 15.54%. This indicates that home values in Lake City are rising at a faster rate than the national average and suggests that now is a great time to invest in property in this area. With its attractive housing prices and high growth potential, Lake City, SC offers great opportunities for those looking to buy or sell a home.
The median home cost in Lake City is $107,800. Home appreciation the last 10 years has been 81.7%. Home Appreciation in Lake City is up 21.9%.
Average Age of Homes
- The median age of Lake City real estate is 48 years old
The Rental Market in Lake City
- Renters make up 41.3% of the Lake City population
- 3.4% of houses and apartments in Lake City, 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.