Housing in 29341 Gaffney, SC has been rapidly appreciating in value over the past year. The median value of a house in 29341 Gaffney is $175,000, which is significantly lower than the US median house value of $338,100. However, this lower median value did not prevent the one year appreciation rate from being higher than that of the US. Specifically, the house appreciation rate for 29341 Gaffney was 18.46%, more than twice the 8.27% appreciation rate nationally. This trend reflects an overall positive outlook for potential homeowners and investors interested in housing in 29341 Gaffney, SC.
The median home cost in Gaffney (zip 29341) is $175,000. Home appreciation the last 10 years has been 95.2%. Home Appreciation in Gaffney (zip 29341) is up 21.0%.
Average Age of Homes
- The median age of Gaffney (zip 29341) real estate is 27 years old
The Rental Market in Gaffney (zip 29341)
- Renters make up 30.4% of the Gaffney (zip 29341) population
- 2.7% of houses and apartments in Gaffney (zip 29341), 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.