Foreclosure Homes in Pacolet, SC

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Pacolet, SC Foreclosures

How much do homes sell for in Pacolet, SC?
The average home price is currently $125,164.
In Pacolet, SC, how many homes are available?
There are currently 1,774 active home listings available in Pacolet.
What’s the average rental cost in Pacolet, SC?
The average rental price in Pacolet is $879.
What is the most expensive home in Pacolet, South Carolina?
The most expensive home sold in Pacolet had a price of $5,322,200.
What is currently the cheapest priced home in Pacolet, SC?
The cheapest home for sale in Pacolet is priced at $13,110.

Home Value Estimator For Pacolet, SC

There are currently 1,774 real estate properties in Pacolet, SC, with a median automated valuation model (AVM) price of $97,800.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Pacolet, 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 Pacolet, SC, is $125,164.00, with the most expensive house in Pacolet, SC, topping out at $5,322,200.00 and the cheapest home in Pacolet, SC, clocking in at $13,110.00. In other words, there’s something for every potential homebuyer or savvy investor in Pacolet, SC!

Rent Prices In Pacolet, SC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Pacolet, SC, is on a rollercoaster ride. The average rent price in Pacolet, SC, is $879.00. Indeed, when looking to rent in Pacolet, SC, you can expect to pay as little as $480.00 or as much as $2,080.00, with the average rent median estimated to be $840.00. The good news is that finding an affordable and desirable property to rent in Pacolet, 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.

Top Reasons To Live In Pacolet, SC In 2024

Pacolet is located in Spartanburg, South Carolina, with an estimated municipal population of 2,550 residents. All of the best foreclosed homes for sale in Pacolet are located in the following zip code areas on 29372 29373. The estimated population per square kilometer (.62 miles) in Pacolet is 168.

Cost Of Living In Pacolet, SC

So, about how much do homes cost in Pacolet? The most recent median value of resident-owned homes in Pacolet is 75,569. An estimated 71.2 percent of households in Pacolet own their homes, with an average family size of 3.28. The median household income in Pacolet is 40,863, with9.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Pacolet, the median commute time of resident workers (in minutes) is 26.5. And last, but certainly not least, are you looking for homes to rent in Pacolet? If so, the average rent price paid by renters in Pacolet is 679, according to recent statistics.

Diversity And Demographics In Pacolet, South Carolina

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 Pacolet, 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 Pacolet is 40.5, split between 50 percent male versus 50 female. The percentage of residents who report being married in Pacolet is 40, with an average family size of 3.28.

The percentage of residents who report their race in Pacolet is as follows:

White 78.5%
Black / African American 17.5%
Asian 0%
American Indian / Alaskan Native 0.7%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2.4%
Other 0.9%

Looking for family-friendly neighborhoods in and/or near Pacolet? Or maybe you are searching for 55+ active adult communities in and/or near Pacolet?

The percentage of residents who report their age in Pacolet is as follows:

Under 10 16%
Aged 10-19 9.7%
20s 9%
30s 14.9%
40s 8.3%
50s 15.5%
60s 15.5%
70s 6.2%
80+ 5%

Best Schools In Pacolet, South Carolina

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 Pacolet with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Pacolet.

Pros And Cons Of Living In Pacolet, South Carolina

How do you know that living in -- or moving to -- Pacolet is right where you need to be? Perhaps you grew up in Pacolet or already live nearby; therefore, the decision to buy a home in Pacolet is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Pacolet 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 Pacolet:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Pacolet.

Reasons To Move To Pacolet, South Carolina, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Pacolet can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Pacolet, meanwhile, can field multiple offers from more qualified buyers.

Pacolet, SC Foreclosures


Listing types in Pacolet, SC

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