Oconee County, South Carolina Housing Market
In Oconee County, South Carolina, the median home value is $237,100, with a median monthly rent of $881. This places Oconee County at #1020 nationally out of 3134 counties by median home value, and #12 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: $1,175
- Establishments: 1,987
- BLS QCEW, 2025
Housing Supply
- Single-family: 733
- Multi-family: 20
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 31,997 (avg $90,329)
- Outflow: 29,321 (avg $87,065)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 6 active ZIP codes in Oconee County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 29676 | 294.3 | — | 2025 |
| 2 | 29672 | 314.9 | +18.67% | 2025 |
| 3 | 29693 | 247.4 | +3.81% | 2025 |
| 4 | 29696 | 274.1 | +2.32% | 2025 |
| 5 | 29678 | 263.2 | -0.20% | 2025 |
| 6 | 29691 | 247.5 | +5.84% | 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 Oconee County Compares
| Metric | Oconee County | South Carolina Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $237,100 | $199,732 | $227,706 |
| Median Gross Rent | $881 | $984 | $968 |
| Owner Occupancy Rate | 76.2% | 73.2% | 73.3% |
| Price/Rent Ratio | 22.4 | 16.3 | 18.7 |
Market Analysis
The median home value in Oconee County is 18.7% above the South Carolina state average and 4.1% above the U.S. national average. The median rent of $881/month is 10.5% below the state average.
With a price-to-rent ratio of 22.4, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Oconee County has an owner-occupancy rate of 76.2%, 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 |
|---|---|---|---|
| Riley County | Kansas | $237,100 | $1,046 |
| Jefferson County | Missouri | $237,200 | $979 |
| Dubuque County | Iowa | $237,300 | $959 |
| Franklin County | Tennessee | $236,900 | $894 |
| Rankin County | Mississippi | $237,400 | $1,270 |
Other Counties in South Carolina
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Lexington County | $234,500 | $1,178 | 77.4% |
| Spartanburg County | $233,300 | $1,084 | 73.0% |
| 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).