Lee County, South Carolina Housing Market
In Lee County, South Carolina, the median home value is $104,600, with a median monthly rent of $823. This places Lee County at #2863 nationally out of 3134 counties by median home value, and #39 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: $953
- Establishments: 262
- BLS QCEW, 2025
Housing Supply
- Single-family: 22
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 5,941 (avg $42,793)
- Outflow: 5,692 (avg $42,925)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 2 active ZIP codes in Lee County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 29153 | 267.8 | +14.27% | 2025 |
| 2 | 29040 | 232.1 | +3.33% | 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 Lee County Compares
| Metric | Lee County | South Carolina Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $104,600 | $199,732 | $227,706 |
| Median Gross Rent | $823 | $984 | $968 |
| Owner Occupancy Rate | 70.5% | 73.2% | 73.3% |
| Price/Rent Ratio | 10.6 | 16.3 | 18.7 |
Market Analysis
The median home value in Lee County is 47.6% below the South Carolina state average and 54.1% below the U.S. national average. The median rent of $823/month is 16.4% below the state average.
With a price-to-rent ratio of 10.6, buying a home in Lee 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.
Lee County has an owner-occupancy rate of 70.5%, 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 |
|---|---|---|---|
| Quitman County | Georgia | $104,600 | $918 |
| Rice County | Kansas | $104,600 | $753 |
| Attala County | Mississippi | $104,600 | $825 |
| Stark County | Illinois | $104,500 | $735 |
| Union County | Kentucky | $104,500 | $790 |
Other Counties in South Carolina
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Williamsburg County | $104,500 | $765 | 76.4% |
| Union County | $103,600 | $804 | 71.3% |
| Barnwell County | $106,000 | $740 | 70.9% |
| Bamberg County | $97,800 | $815 | 70.4% |
| Hampton County | $112,000 | $843 | 73.4% |
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).