Colleton County, South Carolina Housing Market
In Colleton County, South Carolina, the median home value is $162,500, with a median monthly rent of $949. This places Colleton County at #1964 nationally out of 3134 counties by median home value, and #28 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: $934
- Establishments: 882
- BLS QCEW, 2025
Housing Supply
- Single-family: 71
- Multi-family: 2
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 15,112 (avg $53,863)
- Outflow: 14,301 (avg $52,733)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 1 active ZIP codes in Colleton County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 29488 | 292.3 | +7.45% | 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.
💰 Ready to Finance a Purchase?
See the 2026 FHA and conforming loan limits for Colleton County, plus monthly payment estimates at today's mortgage rates.
View Mortgage Guide for Colleton County →How Colleton County Compares
| Metric | Colleton County | South Carolina Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $162,500 | $199,732 | $227,706 |
| Median Gross Rent | $949 | $984 | $968 |
| Owner Occupancy Rate | 73.3% | 73.2% | 73.3% |
| Price/Rent Ratio | 14.3 | 16.3 | 18.7 |
Market Analysis
The median home value in Colleton County is 18.6% below the South Carolina state average and 28.6% below the U.S. national average. The median rent of $949/month is 3.6% below the state average.
With a price-to-rent ratio of 14.3, buying a home in Colleton 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.
Colleton County has an owner-occupancy rate of 73.3%, 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 |
|---|---|---|---|
| Branch County | Michigan | $162,500 | $959 |
| Price County | Wisconsin | $162,500 | $786 |
| Adams County | Illinois | $162,600 | $828 |
| Watonwan County | Minnesota | $162,400 | $834 |
| Dickey County | North Dakota | $162,400 | $840 |
Other Counties in South Carolina
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Sumter County | $165,300 | $1,057 | 68.1% |
| Chester County | $158,300 | $853 | 78.4% |
| Darlington County | $158,200 | $896 | 70.9% |
| Clarendon County | $158,000 | $763 | 72.9% |
| McCormick County | $168,700 | $696 | 87.9% |
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).