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There are currently 1,873 real estate properties in Gaffney, SC, with a median automated valuation model (AVM) price of $123,400.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Gaffney, SC, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Gaffney, SC, is $188,563.00, with the most expensive house in Gaffney, SC, topping out at $15,189,400.00 and the cheapest home in Gaffney, SC, clocking in at $17,400.00. In other words, there’s something for every potential homebuyer or savvy investor in Gaffney, SC!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Gaffney, SC, is on a rollercoaster ride. The average rent price in Gaffney, SC, is $1,020.00. Indeed, when looking to rent in Gaffney, SC, you can expect to pay as little as $520.00 or as much as $2,900.00, with the average rent median estimated to be $940.00. The good news is that finding an affordable and desirable property to rent in Gaffney, SC -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Gaffney, SC area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Gaffney, SC and much more. Save thousands at closing with home foreclosure listings in Gaffney, SC — up to 75% off market value!
Gaffney is located in Cherokee, South Carolina, with an estimated municipal population of 12,609 residents. All of the best foreclosed homes for sale in Gaffney are located in the following zip code areas on Foreclosure.com: 29341 29340. The estimated population per square kilometer (.62 miles) in Gaffney is 583.
So, about how much do homes cost in Gaffney? The most recent median value of resident-owned homes in Gaffney is 111,039. An estimated 52 percent of households in Gaffney own their homes, with an average family size of 4.27. The median household income in Gaffney is 31,047, with9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Gaffney, the median commute time of resident workers (in minutes) is 20.1. And last, but certainly not least, are you looking for homes to rent in Gaffney? If so, the average rent price paid by renters in Gaffney is 689, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Gaffney, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Gaffney is 35, split between 48.3 percent male versus 51.7 female. The percentage of residents who report being married in Gaffney is 32, with an average family size of 4.27.
The percentage of residents who report their race in Gaffney is as follows:
|Black / African American||44.2%|
|American Indian / Alaskan Native||0.3%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Gaffney? Or maybe you are searching for 55+ active adult communities in and/or near Gaffney?
The percentage of residents who report their age in Gaffney is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Gaffney with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Gaffney.
How do you know that living in -- or moving to -- Gaffney is right where you need to be? Perhaps you grew up in Gaffney or already live nearby; therefore, the decision to buy a home in Gaffney is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Gaffney for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Gaffney:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Gaffney.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Gaffney can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Gaffney, meanwhile, can field multiple offers from more qualified buyers.