Anderson County, South Carolina Housing Market
In Anderson County, South Carolina, the median home value is $231,900, with a median monthly rent of $989. This places Anderson County at #1057 nationally out of 3134 counties by median home value, and #15 within South Carolina.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,010
- Establishments: 4,490
- BLS QCEW, 2025
Housing Supply
- Single-family: 1,299
- Multi-family: 194
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 81,992 (avg $71,379)
- Outflow: 76,804 (avg $71,540)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 10 active ZIP codes in Anderson County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 29684 | 252.2 | -26.62% | 2025 |
| 2 | 29643 | 291.8 | — | 2025 |
| 3 | 29689 | 272.4 | +5.27% | 2025 |
| 4 | 29626 | 266.1 | +6.43% | 2025 |
| 5 | 29630 | 284.4 | -1.66% | 2025 |
| 6 | 29669 | 261.1 | +12.61% | 2025 |
| 7 | 29624 | 267.2 | +0.55% | 2025 |
| 8 | 29642 | 243.8 | +4.03% | 2025 |
| 9 | 29625 | 253.7 | +1.35% | 2025 |
| 10 | 29670 | 251.0 | +3.70% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Anderson County Compares
| Metric | Anderson County | South Carolina Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $231,900 | $199,732 | $227,706 |
| Median Gross Rent | $989 | $984 | $968 |
| Owner Occupancy Rate | 74.8% | 73.2% | 73.3% |
| Price/Rent Ratio | 19.5 | 16.3 | 18.7 |
Market Analysis
The median home value in Anderson County is 16.1% above the South Carolina state average and 1.8% above the U.S. national average. The median rent of $989/month is 0.5% above the state average.
With a price-to-rent ratio of 19.5, the buy-vs-rent decision in Anderson County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Anderson County has an owner-occupancy rate of 74.8%, compared to 73.2% in South Carolina and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Sibley County | Minnesota | $231,900 | $855 |
| Pickens County | South Carolina | $231,900 | $972 |
| Dodge County | Wisconsin | $231,900 | $988 |
| Lee County | Georgia | $231,800 | $1,184 |
| Madison County | Kentucky | $232,000 | $889 |
Other Counties in South Carolina
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Pickens County | $231,900 | $972 | 70.9% |
| Spartanburg County | $233,300 | $1,084 | 73.0% |
| Lexington County | $234,500 | $1,178 | 77.4% |
| Oconee County | $237,100 | $881 | 76.2% |
| Richland County | $242,800 | $1,228 | 60.3% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).