Historical data
Pick an indicator to see its long-run evolution.
Median home value
1990–2024Census / Zillow ZHVI, nominal dollars.
Home Prices
The average home value in South Carolina reached about $286,000 in 2024.
FHFA House Price Index
1975–2025FHFA all-transactions index, annual average of quarters. Source: FHFA via FRED (SCSTHPI).
| Indicator | South Carolina | U.S. |
|---|---|---|
| Median Home Value | 286000 | 360000 |
- •Beaufort County, home to Hilton Head Island, consistently posts some of South Carolina's highest home values.
Median Home Value
The median home value in South Carolina is around $290,000, rising quickly along the coast.
Median value of owner-occupied homes
2008–2024Census American Community Survey 1-year estimates, B25077 (2020 not released).
| Indicator | South Carolina | U.S. |
|---|---|---|
| Median home value (USD) | 290000 | 340000 |
Rent Prices
South Carolina's median gross rent was about $1,187 per month in 2023, below the U.S. median.
Rent of primary residence index (South region)
2006–2025BLS CPI-U, South region, annual average (CUUR0300SEHA).
| Indicator | South Carolina | U.S. |
|---|---|---|
| Median Gross Rent | 1187 | 1372 |
- •Charleston's rental market has consistently ranked among the fastest-growing in the Southeast over the past decade.
Housing Inventory
South Carolina's housing market had roughly 30,000 active listings on average in 2024.
Total housing units
2008–2024Census American Community Survey 1-year estimates, B25001 (2020 not released).
Vacant housing units
2008–2024Census American Community Survey 1-year estimates, B25002 (2020 not released).
- •The South Carolina REALTORS association tracks monthly inventory trends across all 46 counties in its annual housing market report.
Building Permits
Builders were authorized to construct about 53,000 new housing units in South Carolina in 2023.
New private housing units authorized
1988–2025Census Building Permits Survey, sum of 12 months (FRED SCBPPRIV).
- •South Carolina has consistently ranked among the top ten states for housing permits per capita over the past several years.
Homeownership Rate
South Carolina's homeownership rate stood at about 70.8% in 2023, above the national average.
Homeownership rate (CPS/HVS)
1984–2025Census Housing Vacancy Survey, annual (FRED SCHOWN).
| Indicator | South Carolina | U.S. |
|---|---|---|
| Homeownership Rate | 70.8 | 65.7 |
- •South Carolina's homeownership rate has remained consistently above the national average for more than two decades.
Housing Affordability
South Carolina's median home price is roughly 4.3 times median household income as of 2024, moderately affordable by national standards.
Housing price level vs U.S. (RPP rents)
2008–2024BEA Regional Price Parities, housing services (SARPP line 3).
| Indicator | South Carolina | U.S. |
|---|---|---|
| Housing price level vs U.S. (RPP rents)2024, BEA Regional Price Parities | 80.5 | 100 |
- •Greenville and Charleston have seen some of the sharpest affordability declines in the Southeast since 2020 due to rapid in-migration.
Vacancy Rate
South Carolina's rental vacancy rate was about 8.5% in 2023, while homeowner vacancy remained low at 1.4%.
Rental vacancy rate
1986–2025Census Housing Vacancy Survey, annual (FRED SCRVAC).
Homeowner vacancy rate
1986–2025Census Housing Vacancy Survey, annual (FRED SCHVAC).
| Indicator | South Carolina | U.S. |
|---|---|---|
| Rental Vacancy Rate | 8.5 | 6.6 |
- •Coastal vacation-home counties like Horry, home to Myrtle Beach, report notably higher seasonal vacancy rates than inland counties.