Anderson, SC

Population: 26,985
Average annual home appreciation rate: 7.76%
Total of homes for sale in this market: 1,054
Median home price: $129,596
Median Rent: $677 per room
Home price range: 43.88% of homes are between $106,001 – $212,000
Median sales price: $116,650
Number of homes: 276
Median foreclosure sales price: $62,051
Foreclosure discount: 47%
Most common home type: 65.21% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 16.09%
Number of renters: 52.99%
Number of owner occupied: 47.01%
Number people living below poverty level: 27.49%
Unemployment rate: 6.80%
Is this area perfect for real estate deals going on right now? Importantly, this makes Anderson one of the highest appreciating communities in the nation for the latest quarter, and may signal the city’s near-future real estate investment strength.

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