The housing market in 29340 Gaffney, SC is thriving compared to the US median value. The median value of homes in this area is $116,100, which is far lower than the US median value of $338,100. In the past year, houses in Gaffney have appreciated at an impressive rate of 18.46%, much higher than the national house appreciation rate of 8.27%. This demonstrates that Gaffney has a strong and growing real estate market for potential buyers to consider.
The median home cost in Gaffney (zip 29340) is $116,100. Home appreciation the last 10 years has been 95.2%. Home Appreciation in Gaffney (zip 29340) is up 21.0%.
Average Age of Homes
- The median age of Gaffney (zip 29340) real estate is 41 years old
The Rental Market in Gaffney (zip 29340)
- Renters make up 25.2% of the Gaffney (zip 29340) population
- 2.1% of houses and apartments in Gaffney (zip 29340), 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.