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new lake real estate report from Lake Homes Realty reveals a surge in listing prices across South Carolina, with the total market value reaching $1.5 billion as of the latest quarter. This marks a significant increase from the winter of 2023, when the market was valued at $1 billion.
Lake Homes Realty operates in 38 states and specializes in lakefront properties. Their quarterly report highlights Thurmond Lake as the seventh largest market in South Carolina, with 113 properties listed on February 4, ranging from $2,500 lots to $2.5 million lake homes. The average home price around Thurmond Lake is $520,213, while the average lot price is $81,249.
Thurmond Lake's popularity stems from its extensive water area and recreational activities such as boating, waterskiing, and wakeboarding. According to Nicole Grooms, a new agent with Lake Homes Realty, the lake appeals to buyers from across the country, particularly those from Charlotte, Raleigh, and Ashburn, Virginia.
LakeHomes.com attracts one in 37 American adults each year, making it an ideal platform for agents like Grooms who offer local expertise combined with national reach. "Our agents' intimate knowledge of their lake markets is crucial to our growth," says Glenn S. Phillips, CEO of Lake Homes Realty.
