Lexington County, South Carolina Housing Market
In Lexington County, South Carolina, the median home value is $234,500, with a median monthly rent of $1,178. This places Lexington County at #1037 nationally out of 3134 counties by median home value, and #13 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: $1,085
- Establishments: 8,738
- BLS QCEW, 2025
Housing Supply
- Single-family: 2,004
- Multi-family: 2
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 122,331 (avg $83,825)
- Outflow: 115,536 (avg $84,213)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 10 active ZIP codes in Lexington County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 29123 | 221.6 | — | 2025 |
| 2 | 29054 | 275.4 | +17.17% | 2025 |
| 3 | 29075 | 267.6 | +28.58% | 2025 |
| 4 | 29172 | 250.3 | +14.41% | 2025 |
| 5 | 29036 | 268.6 | +4.62% | 2025 |
| 6 | 29169 | 252.2 | +9.54% | 2025 |
| 7 | 29170 | 240.3 | +5.92% | 2025 |
| 8 | 29033 | 255.4 | +6.00% | 2025 |
| 9 | 29063 | 229.9 | +5.41% | 2025 |
| 10 | 29072 | 231.0 | +4.00% | 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 Lexington County, plus monthly payment estimates at today's mortgage rates.
View Mortgage Guide for Lexington County →How Lexington County Compares
| Metric | Lexington County | South Carolina Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $234,500 | $199,732 | $227,706 |
| Median Gross Rent | $1,178 | $984 | $968 |
| Owner Occupancy Rate | 77.4% | 73.2% | 73.3% |
| Price/Rent Ratio | 16.6 | 16.3 | 18.7 |
Market Analysis
The median home value in Lexington County is 17.4% above the South Carolina state average and 3.0% above the U.S. national average. The median rent of $1,178/month is 19.7% above the state average.
With a price-to-rent ratio of 16.6, the buy-vs-rent decision in Lexington County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Lexington County has an owner-occupancy rate of 77.4%, 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 |
|---|---|---|---|
| Pasquotank County | North Carolina | $234,600 | $1,170 |
| Giles County | Tennessee | $234,300 | $862 |
| Wagoner County | Oklahoma | $234,800 | $1,068 |
| Musselshell County | Montana | $235,000 | $1,138 |
| Erie County | New York | $233,800 | $1,090 |
Other Counties in South Carolina
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Spartanburg County | $233,300 | $1,084 | 73.0% |
| Oconee County | $237,100 | $881 | 76.2% |
| Anderson County | $231,900 | $989 | 74.8% |
| Pickens County | $231,900 | $972 | 70.9% |
| Richland County | $242,800 | $1,228 | 60.3% |
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).