Richland County, SC Home Values & Market Trends

The median home price in Richland County, SC is $235,368.6. There were 5,851 home sales in Richland County, SC over the past 12 months. The median residential Richland County, SC home value for transactions over the previous year is $213,740.78. The number of current listings in Richland County, SC is 452, and the percentage of properties for sale is 452.00%. The county has 860 foreclosures, 25 bank owned properties, 91 headed for auction, and 452 properties for sale.

Richland County, SC Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Columbia

$ 259,183

$ 132/sqft

Eastover

$ 129,878

$ 69/sqft

Irmo

$ 337,500

$ 147/sqft

State Park

$ --

$ --

Blythewood

$ 395,950

$ 135/sqft

Gadsden

$ --

$ --

Hopkins

$ 167,279

$ 124/sqft

Housing Market Summary for Richland County, SC

Apr 2023March 2024Change
Median Listing Price$300K$204.6K-31.79%
Median Sold Price$234.4K$204.6K-12.71%
Homes For Sale25642264.84%
Homes Sold3,8533,023-21.54%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Richland County, SC

Richland County, SC home values range from $17,506 to $45,120,319. Blythewood is the priciest city with a median listing home price of $409,900, and Hopkins is most affordable with average house prices of around $183,500.

Foreclosure
There are 7 cities within Richland County, SC; within these cities, the median estimated home value for homes in foreclosure ranges from $781,059 in Columbia to the lowest value of $36,612 in Columbia. Foreclosure homes account for 0.00% of properties in Richland County, SC with Columbia containing 632 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.54% of all residential properties in Richland County, SC with Columbia containing 547 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 7 cities within Richland County, SC; of those cities, the estimated home value for pre-foreclosure homes ranges from $787,750 in Irmo to the lowest home value of $45,613 in Eastover.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Richland County, SC ranges from the highest value of $345,000 in Hopkins to the lowest value of $59,052 in Columbia. Bank owned homes and properties account for 0.02% of properties in Richland County, SC. There are 7 cities within Richland County, SC; Columbia containing 18 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Columbia has 67 auction properties, the highest number of properties going to auction in a single city in the state of Richland County, SC. Auction homes and other auction properties account for 0.07% of all properties in Richland County, SC. There are 7 cities within Richland County, SC; of those cities, the median estimated home value for homes going to auction ranges from $474,657 in Irmo to the lowest value of $36,612 in Irmo.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.33% of residential properties in Richland County, SC with Columbia containing 352 homes for sale, the highest number of listed properties in a single city. There are 7 cities within Richland County, SC; homes for sale in those cities, have a range of median values from $1,975,000 in Irmo to the lowest value of $19,330 in Columbia.
    Sold Homes
    The median value for recently sold homes ranges from $2,001,285 in Irmo to the lowest price of $23,685 in Irmo. There are 7 cities within Richland County, SC. Columbia has 2862 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.41% of properties in Richland County, SC.

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      Guide for Richland County, SC

      Market Reports
      Charleston Real Estate Market Stabilizes in March 2024 Amid Fluctuations
      Home Buying Guides & Tips
      South Carolina Foreclosure Laws
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      Market Reports
      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      See More Articles
      Charleston Real Estate Market Stabilizes in March 2024 Amid Fluctuations
      Market Reports|posted 4 April 2024

      The Charleston real estate market has displayed notable fluctuations in property values, with trends for sales volume, square foot costs, and average sale price showing a general upward trajectory.

      South Carolina Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      South Carolina Foreclosure Laws

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports|posted 17 April 2024

      Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.