Rent to own Homes in Seven Oaks, SC
Seven Oaks is a small city located just 6 miles from Columbia. With a population estimated at 16,000, living in Seven Oaks appeals to people who love the outdoors. Not only is the city home to several highly rated golf courses, but also it has a large parks and recreation department that is responsible for organizing youth and adult sports leagues. Seven Oaks offers beautiful weather throughout the year with temperatures rarely dipping below 50-degrees.
Seven Oaks, SC is a great place for affordable rent-to-own homes! With a median household income of over $61,064 and a median rent of $973, the Seven Oaks, SC rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Seven Oaks, SC. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.
More Seven Oaks, SC Property Resources
Rent to own Homes in Cities Near Seven Oaks, SC
- Arcadia Lakes
- Arthurtown
- Batesburg
- Batesburg-Leesville
- Blythewood
- Capitol View
- Cayce
- Chapin
- Columbia
- Dentsville
- Edmund
- Fairview Crossroads
- Forest Acres
- Gaston
- Gilbert
- Hopkins
- Irmo
- Lake Murray of Richland
- Leesville
- Lexington
- Little Mountain
- North
- Oak Grove
- Olympia
- Peak
- Pelion
- Perry
- Pine Ridge
- Red Bank
- Seven Oaks
- South Congaree
- Springdale
- St. Andrews
- Summit
- Swansea
- Wagener
- West Columbia
- White Knoll
- Woodfield
- Woodford
Neighborhoods in Seven Oaks, SC
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Seven Oaks, SC is seeing rapid growth and Seven Oaks, SC's' housing market remains optimal with an average home price that is -27% below the 2024 national average. Seven Oaks, SC is part of Lexington county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Lexington is 0.57% which is below the national average, which is 0.99%.
Median Home Price in Seven Oaks, SC
Median Rent in Seven Oaks, SC
Top 6 Reasons to Live in Seven Oaks, SC
Excellent Golfing! Seven Oaks is home to several highly rated golf courses in South Carolina. Oak Hills Golf Club is one of the most recognized and sought after courses in the state and offers 18-holes of challenging golf. For a beginner, the Club At Rawls Creek offers more forgiving lies and affordable fees.
Delicious Local Restaurants! No matter whether you are craving something Mexican, a greasy burger or an Italian feast, there is a restaurant for you in Seven Oaks. Start your culinary journey at Real Mexico Restaurant Y Tienda where the authentic Mexican chipotle chicken tacos with homemade salsa will knock your socks off. End any meal out with a delicious homemade baked good from Two Sisters and a Cake.
Excellent Parks and Recreation Department! Even though you are just minutes from the numerous parks in Columbia, the city of Seven Oaks maintains their own Community Center at the Imo Chapin Recreation Commission. Here, you can sign up for an adult or youth basketball league or learn about the hiking and mountain biking trails at nearby Seven Oaks Park.
Great Local Shopping! Head to the Seven Oaks Shopping Center for all you need from department stores like Target and Kohl's to clothing from Ann Taylor and Brooks Brothers. Visit the historic Main Street to shop at local family owned establishments like the Seven Oaks Plant Shop.
Booming Real Estate Market! Currently, anyone interested in moving to Seven Oaks won't have a problem finding their dream home with more than 100 homes for sale on the market. With a median list price of $136,900 and a median sale price of $125,731, buyers have a little bit of wiggle room for negotiating. Look to a neighborhood like Pontiac or Sparkleberry Ln for the best deals on rent to own homes.
Home Values on the Way Up! Per Zillow, home values in Seven Oaks have risen 5.6% in 2014 to $130,200 and are expected to continue increasing at a rate of 4.7% in 2015. Beautiful homes are available in a community like Blossom St or Kilbourne Rd.