SUMMERVILLE, SC -
Summerville was recently named among one of the top places to own a home in South Carolina…
A survey by a consumer advocacy site, NerdWallet, found the best places around the country for home ownership.
The survey was based on affordability, population growth and hohome ownershipates.
According to local real estate officials , the average median sales price of a home in Dorchester Countyis nearly $170,000 compared to Charleston County at $243,000.
Officials say there is an increase of people coming to Dorchester County due to the affordability and land availability for building a home.
Joe Kennedy of Summerville Carolina One Realty, says “There’s 20 some thousand going out,but 5,000 more (people) coming in, when you put that into perspective, that’s a lot of homes considering there’s typically 5-7,000 homes on the market at any one time, in 1 year that’s consumed.”
Real estate officials say the average cost of a home in Dorchester County is up nearly 10% from 2013.