Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$378,849−2.0% YoY · prices are falling
Market right nowBuyer's marketMore homes for sale than last year, 34% have cut their price
Income needed to buy, per year$82,127About 1.0× the local median income ($83,171): affordable for a typical household
Days on market63 daysSlower than a year ago: buyers have time to negotiate
Next 12 months−0.3%Zillow expects prices to stay about flat
The typical home in Lancaster County, SC is worth $378,849, down 2.0% from a year ago. That is slightly below what local incomes have historically supported: fair value is about $395,989, so the area is 4.3% undervalued. It is a buyer's market: homes take about 63 days to sell, listings are up 20% from a year ago, 34% of listings have had a price cut. Zillow expects prices to fall about 0.3% over the next year. A household needs about $82,127 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 $83,171. Typical rent is $1,742 a month, or $2,199 for a house. In the latest IRS figures, 2,168 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
$378,849
Change in 1 year
−2.0%
Overvalued %
−4.3%
Show 7 more
Fair home value
$395,989
Change in 5 years
+17.5%
Zillow forecast, next 12 months
−0.3%
Home value to income
4.6×
Monthly mortgage payment (20% down)
$2,053
Income needed to afford it
$82,127
Property tax rate
0.50%
Rent and investing
Typical rent
$1,742
Typical rent for houses
$2,199
Price-to-rent ratio
18.1×
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HUD Fair Market Rent, 2 bedrooms
$1,069
Gross rental yield
5.52%
Cap rate (estimate)
3.59%
Market activity
Listings vs a year ago
+20.3%
Days on market
63
Listings with a price cut
33.5%
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Homes for sale
628
Pending sales per 100 listings
28
Asking price per sq ft
$201
People and jobs
Median household income
$83,171
Population change (1 year)
+2.7%
Unemployment rate
4.3%
Show 4 more
Population
114,296
Income adjusted for cost of living
$85,479
Net moves in (IRS)
+2,168
Cost of living (US = 100)
97.3
Schools, risk and environment
School rating (1 to 10)
6.9
FEMA hazard risk score (0 to 100)
79.4
Flood risk score
81.3
Show 3 more
Wildfire risk score
45.1
Walkability (1 to 20)
5.9
Road, rail and air noise
53 dB
Questions people ask
Is Lancaster County, SC overvalued?
Home prices in Lancaster County, SC are slightly below what local incomes have historically supported: fair value is about $395,989, so the area is 4.3% undervalued.
Is Lancaster County, SC a buyer's or seller's market?
Lancaster County, SC is a buyer's market: homes take about 63 days to sell, listings are up 20% from a year ago, 34% of listings have had a price cut.
Are home prices going down in Lancaster County, SC?
Home values in Lancaster County, SC are down 2.0% over the last year. Zillow's forecast for the next 12 months is −0.3%.
How much do you need to earn to buy a home in Lancaster County, SC?
A household needs about $82,127 a year to afford the typical home in Lancaster County, SC at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $83,171.