Rock Hill, SC

Population: 69,103
Average annual home appreciation rate: 4.61%
Total of homes for sale in this market: 405
Median home price: $146,786
Median Rent: $838 per room
Home price range: 48.72% of homes are between $110,001 – $221,000
Median sales price: $153,300
Number of homes: 418
Median foreclosure sales price: $96,105
Foreclosure discount: 37%
Most common home type: 59.44% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 10.92%
Number of renters: 49.65%
Number of owner occupied: 50.35%
Number people living below poverty level: 18.69%
Unemployment rate: 7.00%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Rock Hill area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor.

Leave a Reply

Your email address will not be published. Required fields are marked *