Is It Expensive To Live In Bluffton SC?
If you never heard of Bluffton SC you should know that it is considered to be one of the best Lowcountry towns in South Carolina. Located in Beaufort County between Hilton Head Island and Interstate 95, this town covers about 54 square miles and has a population of about 23,000 people. The undeniable beauty of the May River estuary along with southern hospitality is a unique combination that can only be experienced in Bluffton. But, if you are thinking about visiting or living in the area you are probably wondering, is it expensive to live in Bluffton SC? Let’s find out!
Surprisingly, Bluffton’s cost of living is fairly close to the US average, and about 20% higher than the cost of living in South Carolina. But, is Bluffton SC a good place to live, in spite of having above the average cost of living for a town of its size? In fact, Bluffton is a great place to grow up and raise a family, and many argue that it’s quietness and peaceful environment is way better than having to deal with the rush and traffic in big cities.
Bluffton South Carolina does not have the most expensive housing market in the state, however with a median home value at around $300,000, many find the housing market to be on the expensive side because it is a smaller city with fewer opportunities compared to a bigger city such as Savannah GA. In spite of that, the homeownership rate is close to 80%, and buying a home in Bluffton SC might not be as hard as you might think because the housing market has quite a few options to choose from.
With more than 32% of homes priced between $260,000 to $397,000 and about 30% of homes within the price range of $132,000 to $260,000, you can surf the market and find what suits you best. Just make sure you get in touch with experienced realtors in Bluffton SC who will help you further prospect the housing market.
The safety of Bluffton SC along with its beautiful landscape makes it a gorgeous place to live or to visit, so make sure you don’t miss out on all the fun that is stored for you in one of the best coastal villages of South Carolina.
Popular Real Estate Questions
Popular Real Estate Glossary Terms
A contract not in writing. Oral contracts are legally enforceable except for those applicable to the sale of real estate. ...
Any commercially fabricated and widely available product designed for household and personal use. Consumer goods are available in an open market place and are competitively priced. ...
Principle stating that the joint tenants must have equal rights to possession of the whole property. ...
Doing business as, or DBA, means an official moniker for your enterprise or company. Regularly, a DBA is a state certificate serving as a registration name and issued under a ...
Meaning or definition given to an act, fact. Or thing through legal or juridical interpretation. ...
A capital asset. An expenditure to buy property and other capital assets that generate revenue. Securities of real estate companies. ...
Older property is bought usually by a governmental agency to be modernized and improved. In many cases, the deteriorating property is torn down and a new structure built. An example is ...
How many days, months, or years are required before a new building has the desired occupancy ratio. The occupancy rate influences the amount financial institutions are willing to lend. ...
Dividing a lot into two or more parcels. Normally a variance would have to be obtained to permit a lot split. The lot cannot be split unless they meet minimum area zoning requirements ...
Have a question or comment?
We're here to help.