The South Carolina home market like much of the country is exploding. Trying to purchase a house can be overwhelming; these days, you can expect to pay significantly over the asking price. So it comes as no surprise that on Realtor.com‘s list of the hottest zip codes two South Carolina cities were mentioned.
Realtor.com compiles this list yearly. This year many of the included zip codes are in or commutable to high-cost metros. However these growing areas are currently priced lower than their immediate surroundings. This gives homebuyers the perfect marriage of value and location. The skyrocketing demand for homes means that most properties in these areas are spending 20 to 26 fewer days on market than the typical US home.
According to the study, Realtor.com’s Hottest Zip Code rankings take into account two aspects of the housing market. These include market demand, as measured by unique viewers per property on realtor.com. And the pace of the market as measured by the number of days a listing remains active on realtor.com. The hottest areas are those that have high demand from buyers. In other words, lots of unique viewers per each property listed for sale, and fast-selling homes, indicators of limited supply.
You can view the full realtor.com article here or keep reading to see the Top 50 including the two hottest zip codes in South Carolina.
