Bamberg County, South Carolina Housing Market
In Bamberg County, South Carolina, the median home value is $97,800, with a median monthly rent of $815. This places Bamberg County at #2946 nationally out of 3134 counties by median home value, and #42 within South Carolina.
📈 Price Trend (2017 → 2024)
ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $933
- Establishments: 279
- BLS QCEW, 2025
Housing Supply
- Single-family: 12
- Multi-family: 12
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 4,441 (avg $48,760)
- Outflow: 4,283 (avg $49,040)
- IRS Statistics of Income
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| Metric | Bamberg County | South Carolina Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $97,800 | $199,732 | $227,706 |
| Median Gross Rent | $815 | $984 | $968 |
| Owner Occupancy Rate | 70.4% | 73.2% | 73.3% |
| Price/Rent Ratio | 10.0 | 16.3 | 18.7 |
Market Analysis
The median home value in Bamberg County is 51.0% below the South Carolina state average and 57.0% below the U.S. national average. The median rent of $815/month is 17.2% below the state average.
With a price-to-rent ratio of 10.0, buying a home in Bamberg County is generally more favorable than renting for those planning to stay long-term. A ratio below 15 typically signals that purchasing is financially advantageous over a multi-year horizon.
Bamberg County has an owner-occupancy rate of 70.4%, compared to 73.2% in South Carolina and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| La Salle County | Texas | $97,800 | $819 |
| Lake County | Tennessee | $97,900 | $532 |
| Stafford County | Kansas | $97,600 | $710 |
| Sharkey County | Mississippi | $98,000 | $623 |
| Dunklin County | Missouri | $97,600 | $648 |
Other Counties in South Carolina
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Marion County | $93,200 | $669 | 62.6% |
| Union County | $103,600 | $804 | 71.3% |
| Williamsburg County | $104,500 | $765 | 76.4% |
| Lee County | $104,600 | $823 | 70.5% |
| Barnwell County | $106,000 | $740 | 70.9% |
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).