There are currently 1,969 real estate properties in Wedgefield, SC, with a median automated valuation model (AVM) price of $55,700.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Wedgefield, 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 Wedgefield, SC, is $84,451.00, with the most expensive house in Wedgefield, SC, topping out at $928,832.00 and the cheapest home in Wedgefield, SC, clocking in at $7,771.00. In other words, there’s something for every potential homebuyer or savvy investor in Wedgefield, SC!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Wedgefield, SC, is on a rollercoaster ride. The average rent price in Wedgefield, SC, is $839.00. Indeed, when looking to rent in Wedgefield, SC, you can expect to pay as little as $440.00 or as much as $2,420.00, with the average rent median estimated to be $700.00. The good news is that finding an affordable and desirable property to rent in Wedgefield, 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.
Wedgefield is located in Sumter, South Carolina, with an estimated municipal population of 1,994 residents. All of the best foreclosed homes for sale in Wedgefield are located in the following zip code areas on Foreclosure.com: 29168. The estimated population per square kilometer (.62 miles) in Wedgefield is 90.
So, about how much do homes cost in Wedgefield? The most recent median value of resident-owned homes in Wedgefield is 81,149. An estimated 82.8 percent of households in Wedgefield own their homes, with an average family size of 3.17. The median household income in Wedgefield is 45,878, with20 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Wedgefield, the median commute time of resident workers (in minutes) is 28.9. And last, but certainly not least, are you looking for homes to rent in Wedgefield? If so, the average rent price paid by renters in Wedgefield is 792, 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 Wedgefield, 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 Wedgefield is 41.9, split between 53.4 percent male versus 46.6 female. The percentage of residents who report being married in Wedgefield is 53.2, with an average family size of 3.17.
The percentage of residents who report their race in Wedgefield is as follows:
| White | 65.1% |
| Black / African American | 32.8% |
| Asian | 0.4% |
| American Indian / Alaskan Native | 0% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 1.7% |
| Other | 0% |
Looking for family-friendly neighborhoods in and/or near Wedgefield? Or maybe you are searching for 55+ active adult communities in and/or near Wedgefield?
The percentage of residents who report their age in Wedgefield is as follows:
| Under 10 | 10.7% |
| Aged 10-19 | 15.5% |
| 20s | 7.9% |
| 30s | 14.1% |
| 40s | 8.7% |
| 50s | 29.9% |
| 60s | 7.3% |
| 70s | 2.6% |
| 80+ | 3.5% |
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 Wedgefield with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Wedgefield.
How do you know that living in -- or moving to -- Wedgefield is right where you need to be? Perhaps you grew up in Wedgefield or already live nearby; therefore, the decision to buy a home in Wedgefield is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Wedgefield 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 Wedgefield:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Wedgefield.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Wedgefield can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Wedgefield, meanwhile, can field multiple offers from more qualified buyers.
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