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Town of Summerville Planning Area - BCD Council of Governments

Town of Summerville Planning Area - BCD Council of Governments

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$200,000$180,000$160,000$140,000$120,000$100,000$80,000$60,000$40,000$20,000$0Figure HO7: Trends in Median Home Value in <strong>Town</strong> <strong>of</strong><strong>Summerville</strong> (Owner‐occupied homes)$47,500$79,500$116,600$179,8001980 1990 2000 2006‐2008Source: 2006‐2008 AmericanCommunity Survey, US Census BureauAs shown in Figure HO8, in relation to the regional and state median home values, the value <strong>of</strong> housingin the <strong>Town</strong> <strong>of</strong> <strong>Summerville</strong>, while higher than the value <strong>of</strong> housing statewide and in nearbycommunities, is lower than the value <strong>of</strong> housing in the metro Charleston region.$250,000$200,000$150,000$100,000$50,000$0$179,800Figure HO8: Median Home Values for<strong>Summerville</strong> and Nearby Communities$169,500$139,600$195,800$131,000$192,000Source: 2006‐2008 AmericanCommunity Survey, US Census BureauHousing Element Page 8

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