Richland County, SC Home Values & Market Trends

The median home price in Richland County, SC is $240,919.38. There were 6,104 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 $214,332.467. The number of current listings in Richland County, SC is 440, and the percentage of properties for sale is 440.00%. The county has 823 foreclosures, 14 bank owned properties, 94 headed for auction, and 440 properties for sale.

Richland County, SC Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Columbia

$ 259,950

$ 127/sqft

Eastover

$ 262,900

$ 123/sqft

Irmo

$ 296,514

$ 136/sqft

State Park

$ --

$ --

Blythewood

$ 389,115

$ 131/sqft

Gadsden

$ --

$ --

Hopkins

$ 194,511

$ 122/sqft

Housing Market Summary for Richland County, SC

Mar 2023February 2024Change
Median Listing Price$295.4K$233.7K-20.90%
Median Sold Price$233.8K$233.7K-0.07%
Homes For Sale28040745.36%
Homes Sold3,9003,680-5.64%
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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 $18,636 to $11,692,913. Blythewood is the priciest city with a median listing home price of $412,449.5, and Hopkins is most affordable with average house prices of around $217,000.

Foreclosure
There are 7 cities within Richland County, SC; within these cities, the median estimated home value for homes in foreclosure ranges from $765,058 in Columbia to the lowest value of $31,246 in Columbia. Foreclosure homes account for 0.00% of properties in Richland County, SC with Columbia containing 609 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 526 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 $758,049 in Irmo to the lowest home value of $31,246 in Columbia.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Richland County, SC ranges from the highest value of $349,900 in Irmo to the lowest value of $100,824 in Columbia. Bank owned homes and properties account for 0.01% of properties in Richland County, SC. There are 7 cities within Richland County, SC; Columbia containing 10 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Columbia has 73 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 $745,496 in Blythewood to the lowest value of $58,366 in Blythewood.
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 359 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 $2,200,000 in Blythewood to the lowest value of $19,930 in Columbia.
    Sold Homes
    The median value for recently sold homes ranges from $3,254,311 in Irmo to the lowest price of $20,786 in Irmo. There are 7 cities within Richland County, SC. Columbia has 2694 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.38% of properties in Richland County, SC.

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      Guide for Richland County, SC

      Home Buying Guides & Tips
      South Carolina Foreclosure Laws
      Market Reports
      Newark Real Estate Market Report, March 2024
      Home Buying Financing
      How To Get House Mortgage With Low Credit Score
      Wholesale
      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
      See More Articles
      South Carolina Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      South Carolina Foreclosure Laws

      Newark Real Estate Market Report, March 2024
      Market Reports|posted 22 March 2024

      The Newark real estate market from 2023 to 2024 exhibited a strong upward growth pattern, with slight fluctuations in property values and sale price per square foot.

      How To Get House Mortgage With Low Credit Score
      Home Buying Financing|posted 22 March 2024

      Learn how to secure a house mortgage even with a low credit score.

      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
      Wholesale|posted 20 March 2024

      Explore the legal pitfalls to avoid when dealing with pre-foreclosure sellers. Learn how to navigate the complex process safely and protect yourself from costly mistakes and legal complications.