Cities with the fastest growing home prices in Florence, South Carolina metro area

Written by:
September 29, 2022
Volodymyr Kyrylyuk // Shutterstock

Cities with the fastest growing home prices in Florence, South Carolina metro area

It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and not other market has quite felt its impact like that of real estate.

The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.

Stacker compiled a list of cities with the fastest-growing home prices in Florence, SC metro area using data from Zillow. Cities are ranked by 1-year price change as of August 2022. The typical home value in the United States increased over the last year by +14.1% to $356,054. All 14 cities and towns with data available were included in the list.

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1 / 14
Stacker

#14. Society Hill, South Carolina

- 1-year price change: +$8,679 (+15.0%)
- 5-year price change: +$20,803 (+45.5%)
- Typical home value: $66,539 (#14 most expensive city in metro)
2 / 14
Stacker

#13. Lamar, South Carolina

- 1-year price change: +$11,555 (+13.9%)
- 5-year price change: +$27,851 (+41.6%)
- Typical home value: $94,878 (#13 most expensive city in metro)
3 / 14
Stacker

#12. Darlington, South Carolina

- 1-year price change: +$12,574 (+13.3%)
- 5-year price change: +$28,373 (+36.1%)
- Typical home value: $106,979 (#12 most expensive city in metro)
4 / 14
Stacker

#11. Mc Bee, South Carolina

- 1-year price change: +$13,905 (+12.2%)
- 5-year price change: +$47,199 (+58.7%)
- Typical home value: $127,655 (#10 most expensive city in metro)
5 / 14
Stacker

#10. Hartsville, South Carolina

- 1-year price change: +$14,163 (+11.7%)
- 5-year price change: +$36,719 (+37.4%)
- Typical home value: $134,849 (#8 most expensive city in metro)

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6 / 14
Stacker

#9. Olanta, South Carolina

- 1-year price change: +$18,673 (+18.4%)
- 5-year price change: +$44,457 (+58.8%)
- Typical home value: $120,048 (#11 most expensive city in metro)
7 / 14
Stacker

#8. Lake City, South Carolina

- 1-year price change: +$26,794 (+26.3%)
- 5-year price change: +$45,351 (+54.5%)
- Typical home value: $128,579 (#9 most expensive city in metro)
8 / 14
Stacker

#7. Quinby, South Carolina

- 1-year price change: +$27,194 (+17.7%)
- 5-year price change: +$54,793 (+43.4%)
- Typical home value: $180,911 (#2 most expensive city in metro)
9 / 14
Stacker

#6. Timmonsville, South Carolina

- 1-year price change: +$27,269 (+20.7%)
- 5-year price change: +$54,063 (+51.4%)
- Typical home value: $159,252 (#4 most expensive city in metro)
10 / 14
Stacker

#5. Pamplico, South Carolina

- 1-year price change: +$28,835 (+23.9%)
- 5-year price change: +$52,520 (+54.2%)
- Typical home value: $149,343 (#6 most expensive city in metro)

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11 / 14
Stacker

#4. Johnsonville, South Carolina

- 1-year price change: +$28,908 (+23.8%)
- 5-year price change: +$46,949 (+45.5%)
- Typical home value: $150,156 (#5 most expensive city in metro)
12 / 14
Stacker

#3. Scranton, South Carolina

- 1-year price change: +$32,715 (+28.6%)
- 5-year price change: +$44,989 (+44.1%)
- Typical home value: $146,963 (#7 most expensive city in metro)
13 / 14
Stacker

#2. Coward, South Carolina

- 1-year price change: +$34,080 (+25.4%)
- 5-year price change: +$46,815 (+38.5%)
- Typical home value: $168,357 (#3 most expensive city in metro)
14 / 14
Stacker

#1. Florence, South Carolina

- 1-year price change: +$35,348 (+20.8%)
- 5-year price change: +$61,502 (+42.8%)
- Typical home value: $205,116 (#1 most expensive city in metro)

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