Newberry County, South Carolina Housing Market
In Newberry County, South Carolina, the median home value is $173,300, with a median monthly rent of $872. This places Newberry County at #1732 nationally out of 3134 counties by median home value, and #23 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: $968
- Establishments: 865
- BLS QCEW, 2025
Housing Supply
- Single-family: 151
- Multi-family: 9
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 14,878 (avg $60,936)
- Outflow: 14,111 (avg $60,272)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 2 active ZIP codes in Newberry County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 29127 | 294.4 | +5.28% | 2025 |
| 2 | 29108 | 215.3 | +2.25% | 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 Newberry County Compares
| Metric | Newberry County | South Carolina Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $173,300 | $199,732 | $227,706 |
| Median Gross Rent | $872 | $984 | $968 |
| Owner Occupancy Rate | 73.1% | 73.2% | 73.3% |
| Price/Rent Ratio | 16.6 | 16.3 | 18.7 |
Market Analysis
The median home value in Newberry County is 13.2% below the South Carolina state average and 23.9% below the U.S. national average. The median rent of $872/month is 11.4% below the state average.
With a price-to-rent ratio of 16.6, the buy-vs-rent decision in Newberry County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Newberry County has an owner-occupancy rate of 73.1%, 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 |
|---|---|---|---|
| Somerset County | Maryland | $173,200 | $1,013 |
| Darke County | Ohio | $173,200 | $779 |
| Washington County | Oklahoma | $173,200 | $907 |
| Overton County | Tennessee | $173,200 | $832 |
| Lewis County | Tennessee | $173,400 | $708 |
Other Counties in South Carolina
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Calhoun County | $172,100 | $1,052 | 85.0% |
| Laurens County | $170,600 | $880 | 71.5% |
| Florence County | $177,900 | $954 | 64.5% |
| McCormick County | $168,700 | $696 | 87.9% |
| Abbeville County | $178,800 | $799 | 78.1% |
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).