According to statistics, the population in Summerville, SC amounts to 49,122, which shows growth 3% compared to the previous year. The median age of the city’s residents is 35. The average household income is $57,825, shifting growth 2% from the past year, and the average property value in Summerville, SC growth 4% to $189,400 throughout the year.
|Number Of Employees||22,669|
|Median Property Value||$189,400|
The average household income in Summerville, SC grew from $56,962 to $57,825 in the past year. This data is an estimate based upon 17,565 households in Summerville, SC . The chart below presents how household income is distributed in Summerville, SC in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Summerville, SC shifted from $182,800 to $189,400 throughout the year. The subsequent graph indicates the share of properties in the given price range in Summerville, SC in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Summerville, SC properties falls in the '$200,000 to $249,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Summerville, SC compared to median property taxes around the country. The prevalent amount of property taxes in Summerville, SC equals $1150, which is less than the national average.
|Apartment Size||Jul||vs Last Month|
|Studio for sale||$497,862||+198%|
|2 bed for sale||$225,628||-24.7%|
|3 bed for sale||$343,136||-4.7%|
|4+ bed for sale||$440,549||-3.7%|
During Jul 2022, the average price for an apartment in/near Summerville, SC increased by 0.1% to $398,028.
Asking price for 2-bed apartment also decreased by 24.7% and a place of this size will now cost you $225,628. A 3-bed apartment goes for $343,136, it decreased by 4.7% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 3.7% and made it down to $440,549.
|Listing Type||Jul||vs Last Month|
|Townhouses for sale||$329,649||+23.4%|
|Apartments for sale||$339,000||N/A|
|Houses for sale||$409,907||+0.6%|
|Land for sale||$165,875||+10.8%|
|Duplexes for sale||$274,983||+14.6%|
|Condos for sale||$249,597||+10.8%|
While assessing the property pricing Summerville, SC, you can note that it remains flat with a price tag of $339,000. Price reports demonstrate that house price increased by 0.6% this month making it up to $409,907. Condos are really in demand in this season. The median price for a condo increased by 10.8%, it’s now available for $249,597. You can now purchase a duplex for just $274,983, duplex price increased by 14.6% this month. The property value of townhouses increased by 23.4%, you’ll have to spend around $329,649 to get one.