Chesterfield County, South Carolina Housing Market
In Chesterfield County, South Carolina, the median home value is $116,200, with a median monthly rent of $762. This places Chesterfield County at #2701 nationally out of 3134 counties by median home value, and #35 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: $1,004
- Establishments: 729
- BLS QCEW, 2025
Housing Supply
- Single-family: 117
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 16,108 (avg $49,731)
- Outflow: 15,300 (avg $49,508)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 2 active ZIP codes in Chesterfield County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 29520 | 233.9 | +20.51% | 2025 |
| 2 | 29550 | 209.4 | +5.42% | 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 Chesterfield County Compares
| Metric | Chesterfield County | South Carolina Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $116,200 | $199,732 | $227,706 |
| Median Gross Rent | $762 | $984 | $968 |
| Owner Occupancy Rate | 72.8% | 73.2% | 73.3% |
| Price/Rent Ratio | 12.7 | 16.3 | 18.7 |
Market Analysis
The median home value in Chesterfield County is 41.8% below the South Carolina state average and 49.0% below the U.S. national average. The median rent of $762/month is 22.6% below the state average.
With a price-to-rent ratio of 12.7, buying a home in Chesterfield 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.
Chesterfield County has an owner-occupancy rate of 72.8%, 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 |
|---|---|---|---|
| Crowley County | Colorado | $116,200 | $984 |
| Madison County | Florida | $116,200 | $874 |
| Morrill County | Nebraska | $116,100 | $768 |
| Monroe County | Kentucky | $115,900 | $657 |
| Okfuskee County | Oklahoma | $115,900 | $716 |
Other Counties in South Carolina
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Orangeburg County | $115,800 | $841 | 67.0% |
| Hampton County | $112,000 | $843 | 73.4% |
| Barnwell County | $106,000 | $740 | 70.9% |
| Lee County | $104,600 | $823 | 70.5% |
| Williamsburg County | $104,500 | $765 | 76.4% |
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).