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

Written by:
January 19, 2023
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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 no 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 December 2022. The typical home value in the United States increased over the last year by +8.4%% to $356,819. All 14 cities and towns with data available were included in the list.

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1 / 14
Stacker

#14. Society Hill, SC

- 1-year price change: +$6,303 (+9.5%)
- 5-year price change: +$22,795 (+46.0%)
- Typical home value: $72,399 (#14 most expensive city in metro)
2 / 14
Stacker

#13. Olanta, SC

- 1-year price change: +$10,036 (+9.1%)
- 5-year price change: +$45,060 (+60.2%)
- Typical home value: $119,870 (#11 most expensive city in metro)
3 / 14
Stacker

#12. Lamar, SC

- 1-year price change: +$12,421 (+13.5%)
- 5-year price change: +$32,239 (+44.4%)
- Typical home value: $104,770 (#13 most expensive city in metro)
4 / 14
Stacker

#11. Darlington, SC

- 1-year price change: +$12,833 (+12.3%)
- 5-year price change: +$31,907 (+37.5%)
- Typical home value: $116,947 (#12 most expensive city in metro)
5 / 14
Stacker

#10. Hartsville, SC

- 1-year price change: +$14,014 (+10.6%)
- 5-year price change: +$39,622 (+37.1%)
- Typical home value: $146,314 (#8 most expensive city in metro)

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6 / 14
Stacker

#9. Quinby, SC

- 1-year price change: +$15,840 (+9.6%)
- 5-year price change: +$54,598 (+43.4%)
- Typical home value: $180,302 (#2 most expensive city in metro)
7 / 14
Stacker

#8. Mc Bee, SC

- 1-year price change: +$17,708 (+14.7%)
- 5-year price change: +$51,017 (+58.8%)
- Typical home value: $137,800 (#9 most expensive city in metro)
8 / 14
Stacker

#7. Timmonsville, SC

- 1-year price change: +$18,228 (+12.9%)
- 5-year price change: +$52,912 (+49.8%)
- Typical home value: $159,066 (#4 most expensive city in metro)
9 / 14
Stacker

#6. Pamplico, SC

- 1-year price change: +$23,508 (+18.1%)
- 5-year price change: +$57,381 (+59.9%)
- Typical home value: $153,105 (#6 most expensive city in metro)
10 / 14
Stacker

#5. Johnsonville, SC

- 1-year price change: +$24,681 (+19.2%)
- 5-year price change: +$52,667 (+52.2%)
- Typical home value: $153,558 (#5 most expensive city in metro)

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11 / 14
Stacker

#4. Lake City, SC

- 1-year price change: +$24,946 (+24.0%)
- 5-year price change: +$49,072 (+61.4%)
- Typical home value: $129,005 (#10 most expensive city in metro)
12 / 14
Stacker

#3. Coward, SC

- 1-year price change: +$26,715 (+18.9%)
- 5-year price change: +$47,498 (+39.5%)
- Typical home value: $167,698 (#3 most expensive city in metro)
13 / 14
Stacker

#2. Florence, SC

- 1-year price change: +$27,899 (+15.6%)
- 5-year price change: +$63,823 (+44.6%)
- Typical home value: $206,786 (#1 most expensive city in metro)
14 / 14
Stacker

#1. Scranton, SC

- 1-year price change: +$28,696 (+24.3%)
- 5-year price change: +$46,963 (+47.0%)
- Typical home value: $146,840 (#7 most expensive city in metro)

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