The housing market in 29123 Pelion, SC has been prospering over the past year, with the median housing value being significantly higher than the US median value of $338,100. At $106,800, the price is more affordable for many buyers. The appreciation rate of 15.43% in this area is higher than the US average of 8.27%, showing that investing in a home in this area could be a great long-term decision. Furthermore, it's likely that prices will continue to rise as demand for homes increases.
The median home cost in Pelion (zip 29123) is $106,800. Home appreciation the last 10 years has been 71.1%. Home Appreciation in Pelion (zip 29123) is up 23.1%.
Average Age of Homes
- The median age of Pelion (zip 29123) real estate is 22 years old
The Rental Market in Pelion (zip 29123)
- Renters make up 18.4% of the Pelion (zip 29123) population
- 0.8% of houses and apartments in Pelion (zip 29123), 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.