Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$204,585+4.0% YoY · prices are rising fast
Market right nowBalanced, leaning sellersFewer homes for sale than last year, 23% have cut their price
Income needed to buy, per year$44,350About 0.7× the local median income ($61,320): affordable for a typical household
Days on market68 daysAbout the same pace as a year ago
Next 12 months+2.4%Zillow expects prices to rise slightly
The typical home in Florence County, SC is worth $204,585, up 4.0% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $194,919, so the area is 5.0% overvalued. It is a balanced market, leaning toward sellers: homes take about 68 days to sell, listings are down 18% from a year ago, 23% of listings have had a price cut. Zillow expects prices to rise about 2.4% over the next year. A household needs about $44,350 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $61,320. Typical rent is $1,574 a month, or $1,576 for a house. In the latest IRS figures, 147 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$204,585
Change in 1 year
+4.0%
Overvalued %
+5.0%
Show 7 more
Fair home value
$194,919
Change in 5 years
+27.2%
Zillow forecast, next 12 months
+2.4%
Home value to income
3.3×
Monthly mortgage payment (20% down)
$1,109
Income needed to afford it
$44,350
Property tax rate
0.42%
Rent and investing
Typical rent
$1,574
Typical rent for houses
$1,576
Price-to-rent ratio
10.8×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,121
Gross rental yield
9.23%
Cap rate (estimate)
6.00%
Market activity
Listings vs a year ago
−18.0%
Days on market
68
Listings with a price cut
22.6%
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Homes for sale
446
Pending sales per 100 listings
44
Asking price per sq ft
$148
People and jobs
Median household income
$61,320
Population change (1 year)
+0.1%
Unemployment rate
5.6%
Show 4 more
Population
138,504
Income adjusted for cost of living
$70,645
Net moves in (IRS)
+147
Cost of living (US = 100)
86.8
Schools, risk and environment
School rating (1 to 10)
4.8
FEMA hazard risk score (0 to 100)
89.6
Unhealthy air days a year
1
Show 4 more
Flood risk score
82.6
Wildfire risk score
86.5
Walkability (1 to 20)
6.3
Road, rail and air noise
53 dB
Questions people ask
Is Florence County, SC overvalued?
Home prices in Florence County, SC are slightly above what local incomes have historically supported: fair value is about $194,919, so the area is 5.0% overvalued.
Is Florence County, SC a buyer's or seller's market?
Florence County, SC is a balanced market, leaning toward sellers: homes take about 68 days to sell, listings are down 18% from a year ago, 23% of listings have had a price cut.
Are home prices going down in Florence County, SC?
Home values in Florence County, SC are up 4.0% over the last year. Zillow's forecast for the next 12 months is +2.4%.
How much do you need to earn to buy a home in Florence County, SC?
A household needs about $44,350 a year to afford the typical home in Florence County, SC at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $61,320.