Greenwood County, South Carolina Housing Market
In Greenwood County, South Carolina, the median home value is $180,500, with a median monthly rent of $898. This places Greenwood County at #1631 nationally out of 3134 counties by median home value, and #20 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: $1,038
- Establishments: 1,510
- BLS QCEW, 2025
Housing Supply
- Single-family: 310
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 25,790 (avg $64,334)
- Outflow: 24,488 (avg $63,620)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 1 active ZIP codes in Greenwood County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 29666 | 280.9 | +6.82% | 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 Greenwood County Compares
| Metric | Greenwood County | South Carolina Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $180,500 | $199,732 | $227,706 |
| Median Gross Rent | $898 | $984 | $968 |
| Owner Occupancy Rate | 67.0% | 73.2% | 73.3% |
| Price/Rent Ratio | 16.8 | 16.3 | 18.7 |
Market Analysis
The median home value in Greenwood County is 9.6% below the South Carolina state average and 20.7% below the U.S. national average. The median rent of $898/month is 8.7% below the state average.
With a price-to-rent ratio of 16.8, the buy-vs-rent decision in Greenwood County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Greenwood County has an owner-occupancy rate of 67.0%, 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 |
|---|---|---|---|
| Piatt County | Illinois | $180,600 | $1,046 |
| Clinton County | New York | $180,600 | $1,003 |
| El Paso County | Texas | $180,400 | $1,079 |
| Harrison County | Texas | $180,400 | $974 |
| Mineral County | West Virginia | $180,400 | $809 |
Other Counties in South Carolina
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Abbeville County | $178,800 | $799 | 78.1% |
| Florence County | $177,900 | $954 | 64.5% |
| Newberry County | $173,300 | $872 | 73.1% |
| Calhoun County | $172,100 | $1,052 | 85.0% |
| Laurens County | $170,600 | $880 | 71.5% |
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).