Cities with the fastest growing home prices in Sumter metro area

Written by:
November 23, 2022
ungvar // Shutterstock

Cities with the fastest growing home prices in Sumter metro area

It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and no other market has quite felt its impact like that of real estate.

The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.

Stacker compiled a list of cities with the fastest-growing home prices in Sumter, SC metro area using data from Zillow. Cities are ranked by 1-year price change as of September 2022. The typical home value in the United States increased over the last year by +14.1% to $356,054. All 15 cities and towns with data available were included in the list.

You may also like: How Sumter feels about climate change

1 / 15
Stacker

#15. Lynchburg, Lynchburg

- 1-year price change: +$4,538 (+4.7%)
- 5-year price change: +$29,640 (+41.1%)
- Typical home value: $101,699 (#13 most expensive city in metro)
2 / 15
Stacker

#14. Mayesville, Mayesville

- 1-year price change: +$5,896 (+6.4%)
- 5-year price change: +$21,110 (+27.7%)
- Typical home value: $97,447 (#14 most expensive city in metro)
3 / 15
Stacker

#13. Turbeville, Turbeville

- 1-year price change: +$8,653 (+6.9%)
- 5-year price change: +$32,607 (+32.1%)
- Typical home value: $134,142 (#7 most expensive city in metro)
4 / 15
Stacker

#12. Gable, Gable

- 1-year price change: +$8,822 (+6.9%)
- 5-year price change: +$40,780 (+42.9%)
- Typical home value: $135,803 (#6 most expensive city in metro)
5 / 15
Stacker

#11. Alcolu, Alcolu

- 1-year price change: +$11,414 (+8.6%)
- 5-year price change: +$33,252 (+30.2%)
- Typical home value: $143,455 (#4 most expensive city in metro)

You may also like: Highest-earning zip codes in Sumter metro area

6 / 15
Stacker

#10. Manning, Manning

- 1-year price change: +$11,433 (+11.6%)
- 5-year price change: +$25,625 (+30.4%)
- Typical home value: $110,010 (#11 most expensive city in metro)
7 / 15
Stacker

#9. Cades, Cades

- 1-year price change: +$11,699 (+10.7%)
- 5-year price change: +$38,130 (+46.0%)
- Typical home value: $120,987 (#9 most expensive city in metro)
8 / 15
Stacker

#8. Greeleyville, Greeleyville

- 1-year price change: +$12,017 (+14.8%)
- 5-year price change: +$25,902 (+38.5%)
- Typical home value: $93,204 (#15 most expensive city in metro)
9 / 15
Stacker

#7. Pinewood, Pinewood

- 1-year price change: +$13,322 (+13.2%)
- 5-year price change: +$29,900 (+35.6%)
- Typical home value: $113,901 (#10 most expensive city in metro)
10 / 15
Stacker

#6. Kingstree, Kingstree

- 1-year price change: +$16,624 (+19.5%)
- 5-year price change: +$30,360 (+42.5%)
- Typical home value: $101,754 (#12 most expensive city in metro)

You may also like: Metros where people in Sumter are getting new jobs

11 / 15
Stacker

#5. Wedgefield, Wedgefield

- 1-year price change: +$17,752 (+14.7%)
- 5-year price change: +$42,564 (+44.4%)
- Typical home value: $138,397 (#5 most expensive city in metro)
12 / 15
Stacker

#4. Rembert, Rembert

- 1-year price change: +$22,409 (+21.2%)
- 5-year price change: +$41,776 (+48.3%)
- Typical home value: $128,246 (#8 most expensive city in metro)
13 / 15
Stacker

#3. Summerton, Summerton

- 1-year price change: +$24,366 (+14.0%)
- 5-year price change: +$56,751 (+40.1%)
- Typical home value: $198,382 (#1 most expensive city in metro)
14 / 15
Stacker

#2. Dalzell, Dalzell

- 1-year price change: +$25,342 (+16.2%)
- 5-year price change: +$57,557 (+46.2%)
- Typical home value: $182,137 (#2 most expensive city in metro)
15 / 15
Stacker

#1. Sumter, Sumter

- 1-year price change: +$26,806 (+17.4%)
- 5-year price change: +$60,203 (+49.8%)
- Typical home value: $181,140 (#3 most expensive city in metro)

You may also like: Cities with the most expensive homes in Sumter metro area

Trending Now