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Counties with the lowest home prices in South Carolina

Written by:
June 8, 2021
Calvin Beale // Wikimedia Commons

Counties with the lowest home prices in South Carolina

The real estate market is booming right now thanks to low interest rates, a flood of millennial buyers, and shrinking inventory. The median cost of a home has increased 20% year over year, hitting $347,500, according to a report released in April 2020 by real estate listing website Redfin. These high asking costs—while good for sellers—are pricing many buyers out of the market entirely.

But all things are not equal when it comes to real estate in the United States.

Credible used 2021 data calculated by the National Association of REALTORS to compile a list of counties with the lowest median home values and monthly mortgage payments in South Carolina. Counties were ranked by the monthly mortgage payment for a typical home in 2020, from lowest to highest. Ties were broken by median home values in 2020.

The National Association of REALTORS calculated the fourth quarter 2020 median home values by applying the Federal Housing Finance Agency’s House Price Index growth to 2019 housing and population data from the American Community Survey and determining an estimate of 2020 median home values for all counties where data is available. The monthly mortgage payments for fourth quarter 2019 and fourth quarter 2020 were calculated for a 30-year fixed-rate mortgage with a 10% down payment.

Keep reading to discover which county in South Carolina has the lowest home prices.

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Festiva76 // Wikimedia Commons

#30. Aiken County

- Monthly mortgage payment in 2020: $604 (12.0% less than 2019)
- Monthly mortgage payment in 2019: $686
- Median home value in 2020: $163,200
- Ranked #1,961 out of 3,120 counties nationwide
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Pollinator // Wikimedia Commons

#29. Kershaw County

- Monthly mortgage payment in 2020: $570 (9.5% less than 2019)
- Monthly mortgage payment in 2019: $630
- Median home value in 2020: $153,900
- Ranked #1,832 out of 3,120 counties nationwide
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Robert Thomas Mckenzie Jr // Wikimedia Commons

#28. Florence County

- Monthly mortgage payment in 2020: $527 (14.7% less than 2019)
- Monthly mortgage payment in 2019: $618
- Median home value in 2020: $142,300
- Ranked #1,644 out of 3,120 counties nationwide
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Pollinator // Wikimedia Commons

#27. Sumter County

- Monthly mortgage payment in 2020: $524 (12.9% greater than 2019)
- Monthly mortgage payment in 2019: $464
- Median home value in 2020: $141,600
- Ranked #1,635 out of 3,120 counties nationwide
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Upstateherd // Wikimedia Commons

#26. Edgefield County

- Monthly mortgage payment in 2020: $502 (11.0% less than 2019)
- Monthly mortgage payment in 2019: $564
- Median home value in 2020: $135,600
- Ranked #1,535 out of 3,120 counties nationwide
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Bill Fitzpatrick // Wikimedia Commons

#25. Greenwood County

- Monthly mortgage payment in 2020: $474 (3.5% less than 2019)
- Monthly mortgage payment in 2019: $491
- Median home value in 2020: $128,000
- Ranked #1,389 out of 3,120 counties nationwide
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Bill Fitzpatrick // Wikimedia Commons

#24. Laurens County

- Monthly mortgage payment in 2020: $455 (5.8% greater than 2019)
- Monthly mortgage payment in 2019: $430
- Median home value in 2020: $122,800
- Ranked #1,279 out of 3,120 counties nationwide
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Farrargirl // Wikimedia Commons

#23. McCormick County

- Monthly mortgage payment in 2020: $454 (12.5% less than 2019)
- Monthly mortgage payment in 2019: $519
- Median home value in 2020: $122,500
- Ranked #1,265 out of 3,120 counties nationwide
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Jud McCranie // Wikimedia Commons

#22. Darlington County

- Monthly mortgage payment in 2020: $453 (3.4% less than 2019)
- Monthly mortgage payment in 2019: $469
- Median home value in 2020: $122,300
- Ranked #1,259 out of 3,120 counties nationwide
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NatalieMaynor // Wikimedia Commons

#21. Newberry County

- Monthly mortgage payment in 2020: $453 (2.7% greater than 2019)
- Monthly mortgage payment in 2019: $441
- Median home value in 2020: $122,300
- Ranked #1,260 out of 3,120 counties nationwide
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Bill Fitzpatrick // Wikimedia Commons

#20. Saluda County

- Monthly mortgage payment in 2020: $422 (10.4% less than 2019)
- Monthly mortgage payment in 2019: $471
- Median home value in 2020: $113,800
- Ranked #1,058 out of 3,120 counties nationwide
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Bill Fitzpatrick // Wikimedia Commons

#19. Calhoun County

- Monthly mortgage payment in 2020: $416 (8.6% less than 2019)
- Monthly mortgage payment in 2019: $455
- Median home value in 2020: $112,400
- Ranked #1,029 out of 3,120 counties nationwide
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Upstateherd // Wikimedia Commons

#18. Fairfield County

- Monthly mortgage payment in 2020: $400 (10.9% less than 2019)
- Monthly mortgage payment in 2019: $449
- Median home value in 2020: $108,000
- Ranked #913 out of 3,120 counties nationwide
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Upstateherd // Wikimedia Commons

#17. Clarendon County

- Monthly mortgage payment in 2020: $397 (4.1% less than 2019)
- Monthly mortgage payment in 2019: $414
- Median home value in 2020: $107,300
- Ranked #891 out of 3,120 counties nationwide
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Morder // Wikimedia Commons

#16. Cherokee County

- Monthly mortgage payment in 2020: $395 (6.0% less than 2019)
- Monthly mortgage payment in 2019: $420
- Median home value in 2020: $106,700
- Ranked #875 out of 3,120 counties nationwide
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Canva

#15. Chester County

- Monthly mortgage payment in 2020: $379 (4.8% less than 2019)
- Monthly mortgage payment in 2019: $398
- Median home value in 2020: $102,300
- Ranked #758 out of 3,120 counties nationwide
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Brian Scott // Wikimedia Commons

#14. Abbeville County

- Monthly mortgage payment in 2020: $354 (9.7% less than 2019)
- Monthly mortgage payment in 2019: $392
- Median home value in 2020: $95,500
- Ranked #609 out of 3,120 counties nationwide
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Upstateherd // Wikimedia Commons

#13. Colleton County

- Monthly mortgage payment in 2020: $352 (6.1% less than 2019)
- Monthly mortgage payment in 2019: $375
- Median home value in 2020: $95,100
- Ranked #598 out of 3,120 counties nationwide
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Ammodramus // Wikimedia Commons

#12. Orangeburg County

- Monthly mortgage payment in 2020: $345 (21.4% less than 2019)
- Monthly mortgage payment in 2019: $439
- Median home value in 2020: $93,200
- Ranked #545 out of 3,120 counties nationwide
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Calvin Beale // Wikimedia Commons

#11. Barnwell County

- Monthly mortgage payment in 2020: $319 (9.4% less than 2019)
- Monthly mortgage payment in 2019: $352
- Median home value in 2020: $86,100
- Ranked #357 out of 3,120 counties nationwide
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Upstateherd // Wikimedia Commons

#10. Chesterfield County

- Monthly mortgage payment in 2020: $317 (12.7% less than 2019)
- Monthly mortgage payment in 2019: $363
- Median home value in 2020: $85,700
- Ranked #344 out of 3,120 counties nationwide
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Canva

#9. Union County

- Monthly mortgage payment in 2020: $312 (8.5% less than 2019)
- Monthly mortgage payment in 2019: $341
- Median home value in 2020: $84,100
- Ranked #301 out of 3,120 counties nationwide
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Bill Fitzpatrick // Wikimedia Commons

#8. Dillon County

- Monthly mortgage payment in 2020: $309 (3.7% less than 2019)
- Monthly mortgage payment in 2019: $321
- Median home value in 2020: $83,400
- Ranked #288 out of 3,120 counties nationwide
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Ammodramus // Wikimedia Commons

#7. Lee County

- Monthly mortgage payment in 2020: $307 (5.0% less than 2019)
- Monthly mortgage payment in 2019: $323
- Median home value in 2020: $82,900
- Ranked #280 out of 3,120 counties nationwide
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ProfReader // Wikimedia Commons

#6. Marion County

- Monthly mortgage payment in 2020: $299 (11.5% less than 2019)
- Monthly mortgage payment in 2019: $338
- Median home value in 2020: $80,700
- Ranked #240 out of 3,120 counties nationwide
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Bill Fitzpatrick // Wikimedia Commons

#5. Bamberg County

- Monthly mortgage payment in 2020: $294 (6.7% less than 2019)
- Monthly mortgage payment in 2019: $315
- Median home value in 2020: $79,300
- Ranked #208 out of 3,120 counties nationwide
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Ffuhr // Wikimedia Commons

#4. Hampton County

- Monthly mortgage payment in 2020: $282 (12.4% less than 2019)
- Monthly mortgage payment in 2019: $322
- Median home value in 2020: $76,000
- Ranked #159 out of 3,120 counties nationwide
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Pollinator // Wikimedia Commons

#3. Williamsburg County

- Monthly mortgage payment in 2020: $266 (9.5% less than 2019)
- Monthly mortgage payment in 2019: $294
- Median home value in 2020: $71,800
- Ranked #114 out of 3,120 counties nationwide
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Calvin Beale // Wikimedia Commons

#2. Marlboro County

- Monthly mortgage payment in 2020: $263 (6.7% less than 2019)
- Monthly mortgage payment in 2019: $282
- Median home value in 2020: $71,000
- Ranked #107 out of 3,120 counties nationwide
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Upstateherd // Wikimedia Commons

#1. Allendale County

- Monthly mortgage payment in 2020: $192 (16.5% less than 2019)
- Monthly mortgage payment in 2019: $230
- Median home value in 2020: $51,700
- Ranked #13 out of 3,120 counties nationwide
This story originally appeared on and was produced and distributed in partnership with Stacker Studio.

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