Welcome to our 29483 real estate data hub, tailored for investors in Summerville, SC. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 29483 in Summerville, SC. Discover Section 8 housing opportunities and challenges to maximize your investment potential in DORCHESTER COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Summerville, SC real estate investing. Uncover the wealth of information available, and position yourself for success in the Summerville property market.
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Location Overview
- Zip Code: 29483
- City: Summerville
- State: SC
- Metro Area: Charleston-North Charleston, SC
- County Name: DORCHESTER COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $346,327
- Average Home Price (Single Family Homes): $347,259
- Average Monthly Rental Price (All Types): $1,941
- Price-to-Rent Ratio: 15
- Zillow Projected % appreciation from 4/2023-4/2024: 1.5%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,270
- Average 3 Bedroom Section 8 Rental Rates: $1,580
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 22.72
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 18.27
- Number of Units Offered in Section 8 in the County: 636
- Number of Occupied Units in Section 8 in the County: 608
- Percentage of Section 8 Units Occupied in the County: 95.59999847%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 244.53
- Total % Appreciation since 2000 (Government Data): 139.6
- YTD Appreciation (Backwards from 4/2023, Realtor Data): -0.5%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 5.05%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 37.01%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 50.55%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 113.18%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 62.3%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 115.17%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 0.87%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 9.57%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 28.48%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 46.55%