Markets › South Carolina
South Carolina housing market
In the Palmetto State, part of the Census Bureau's South Atlantic division, Pecan Street tracks eight markets. Median sale prices run from $245K in Florence to $516K in Hilton Head Island over Jul–Sep 2026. Five of eight are higher than a year earlier and three are lower; Sumter leads at +6.4% and Florence trails at -4.0%.
Homes sit longest in Hilton Head Island (88 median days on market) and sell fastest in Columbia (57 days). The share of active listings with a price cut runs from 27% in Hilton Head Island to 42% in Columbia. Price-to-rent ratios run from about 14 in Sumter to 18 in Hilton Head Island, measured as years of HUD Fair Market Rent per median sale price. Among the 383 U.S. metros Pecan Street tracks, the Florence metro has the 14th-slowest year-over-year price growth and the Hilton Head Island metro the 14th-most median days on market. South Carolina's unemployment rate was 4.0% in Sep 2026 (BLS via FRED), below the national rate of 4.2%.
Markets at a glance
| Market | Median sale price | YoY | Days on market | Price-cut share | Price-to-rent |
|---|---|---|---|---|---|
| Charleston | $451K | +2.3% | 63 | 41% | ≈ 16 |
| Columbia | $285K | +0.3% | 57 | 42% | ≈ 15 |
| Florence | $245K | -4.0% | 71 | 38% | ≈ 14 |
| Greenville | $344K | -0.5% | 65 | 37% | ≈ 16 |
| Hilton Head Island | $516K | -1.3% | 88 | 27% | ≈ 18 |
| Myrtle Beach | $351K | +1.2% | 79 | 32% | ≈ 16 |
| Spartanburg | $288K | +0.4% | 66 | 36% | ≈ 16 |
| Sumter | $271K | +6.4% | 67 | 30% | ≈ 14 |
Median sale price and year-over-year change from Redfin (rolling three months); median days on market and the share of active listings with a price cut from Realtor.com; price-to-rent is each market page's figure (its median sale price over a year of HUD Fair Market Rent). Figures are per metro market, not statewide.
Recent signals
No market signals flagged across this state right now.