Berkeley County, South Carolina Housing Market

In Berkeley County, South Carolina, the median home value is $310,300, with a median monthly rent of $1,654. This places Berkeley County at #574 nationally out of 3134 counties by median home value, and #7 within South Carolina.

Median Home Value $310,300
Median Rent $1,654/mo
Owner Occupancy 74.5%
Price/Rent Ratio 15.6

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Berkeley County rose +2.0% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

60,097
jobs (private sector)
  • Avg weekly wage: $1,357
  • Establishments: 5,211
  • BLS QCEW, 2025
🏗️

Housing Supply

2,299
new units authorized (2025)
  • Single-family: 1,802
  • Multi-family: 497
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+10117
net migration (filers, 2021-2022)
  • Inflow: 98,752 (avg $85,463)
  • Outflow: 88,635 (avg $84,035)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 10 active ZIP codes in Berkeley County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 29410 309.1 +5.76% 2025
2 29431 296.7 +0.54% 2025
3 29483 295.4 +3.11% 2025
4 29406 332.4 -2.62% 2025
5 29445 318.4 +4.07% 2025
6 29486 317.3 -2.39% 2025
7 29456 336.3 +2.10% 2025
8 29472 298.8 +1.87% 2025
9 29461 285.4 +1.34% 2025
10 29492 317.4 +34.17% 2022

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.

How Berkeley County Compares

MetricBerkeley CountySouth Carolina AverageU.S. Average
Median Home Value $310,300 $199,732 $227,706
Median Gross Rent $1,654 $984 $968
Owner Occupancy Rate 74.5% 73.2% 73.3%
Price/Rent Ratio 15.6 16.3 18.7

Market Analysis

The median home value in Berkeley County is 55.4% above the South Carolina state average and 36.3% above the U.S. national average. The median rent of $1,654/month is 68.1% above the state average.

With a price-to-rent ratio of 15.6, the buy-vs-rent decision in Berkeley County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Berkeley County has an owner-occupancy rate of 74.5%, 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

CountyStateMedian Home ValueMedian Rent
Douglas County Oregon $310,300 $1,055
Idaho County Idaho $310,200 $789
Hancock County Maine $310,400 $1,061
Gloucester County New Jersey $310,400 $1,531
Bay County Florida $310,500 $1,484

Other Counties in South Carolina

CountyMedian Home ValueMedian RentOwner Occ.
Greenville County $299,000 $1,262 68.9%
Jasper County $325,500 $1,328 77.2%
Dorchester County $329,300 $1,463 75.5%
Lancaster County $329,900 $959 83.3%
Georgetown County $289,500 $1,204 84.0%

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).