South Carolina (SC) housing market
Cold MarketStatewide monthly sale-market indicators for rental investors — not a substitute for local rent comps, taxes, or insurance, but a fast read on price level, pace, and negotiation pressure.
Data period: May 2026
Market snapshot
- Median sale price
- $394K
- Median days on market
- 72 days
- Months of supply
- 4.4
- Active inventory
- 31,971
- Homes sold
- 7,268
- Sale-to-list ratio
- 98.0%
- Listings with price drop
- 28.8%
- Data month
- May 2026
Pair this view with the rental property calculator, DSCR calculator, and cap rate calculator — or browse all calculators.
Rental Investor Snapshot
Labels below come from monthly sale-market indicators only. True cash flow requires local rent, taxes, insurance, vacancy, and expense assumptions — model those in the rental calculator, then sanity-check against sale-speed signals here.
- Market temperature
- Cooling
- Buyer leverage
- High
- Pricing signal vs. U.S. median
- Easier buy-in vs. U.S. median (price only)
- Investor fit (heuristic)
- Buy-in vs. U.S. · Negotiation
Watch-outs
- Slower sales (longer days on market) can mean more time to diligence — but also weaker demand.
- Elevated price cuts can signal negotiation room — verify condition, rents, and comps street-by-street.
Suggested next step: Run a rental property analysis with your own rent, financing, vacancy, and expense assumptions — then sanity-check against this market's sale-speed and negotiation signals.
Cold Market
Inventory is high and homes are sitting longer — a buyer's market.
South Carolina market summary
The South Carolina housing market is cooling down. As of May 2026, the median home sale price is $394K, up 1.2% year-over-year. Homes are spending a median of 72 days on the market, 5.9% longer than a year ago.
There are 31,971 homes for sale — 2.4% more than last year. With 4.4 months of supply, this is a balanced market. 9,280 new listings were added during this period, down 2.6% year-over-year.
Homes are selling for 98.0% of their list price on average, suggesting room for negotiation. 13.7% of homes sell above their asking price. 28.8% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
78
Contributing Factors
How This Market Compares
vs. National Median
Investor takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals.
South Carolina market trends
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Detailed market metrics
Median list price
$410K
Price per sq ft
$214
Sale-to-list ratio
98.0%
Months of supply
4.4
Sold above list
13.7%
Price drops
28.8%
New listings
9,280
↓ 2.6% YoY
Pending sales
7,662
South Carolina housing market FAQs
What is the median home price in South Carolina?
For the latest published month, the median sale price in South Carolina is $394K. Median means half of homes sold above that price and half below — it is a useful benchmark, not a rule for every listing.
Is South Carolina a buyer's or seller's market?
With about 4.4 months of supply, the market is often closer to balanced — neither extreme scarcity nor extreme surplus.
How long do homes stay on the market in South Carolina?
For the latest published month, the median days on market in South Carolina is 72 days — half of homes went pending faster and half slower.
Is South Carolina good for rental property investors?
Sale-market stats show how competitive buying is (speed, negotiation, inventory). They do not prove rent performance. South Carolina can still work for rentals if the numbers work on a deal-by-deal basis — use local rent comps, financing, vacancy, and expenses in the rental property calculator.
How should investors analyze a rental property in South Carolina?
Start with purchase price, financing, rent, vacancy, operating expenses, and capital repairs. Stress-test rates and rent. Will It Flow’s rental property calculator is built to translate those inputs into cash flow, DSCR, cap rate, and cash-on-cash return for South Carolina deals.
Metro markets in South Carolina
Open a metro for the same investor snapshot and trends, then run a shortlist through the DSCR calculator and cap rate calculator.
Myrtle Beach, SC
$345K median · 98 days on market
Charleston, SC
$463K median · 68 days on market
Greenville, SC
$345K median · 62 days on market
Spartanburg, SC
$289K median · 59 days on market
Hilton Head Island, SC
$568K median · 63 days on market
Florence, SC
$240K median · 81 days on market
Sumter, SC
$258K median · 49 days on market
Georgetown, SC
$475K median · 93 days on market
Seneca, SC
$440K median · 62 days on market
Greenwood, SC
$292K median · 104 days on market
Orangeburg, SC
$257K median · 79 days on market
Gaffney, SC
$196K median · 56 days on market
Newberry, SC
$321K median · 65 days on market
Union, SC
$217K median · 99 days on market
Bennettsville, SC
$100K median · 55 days on market
More South Carolina housing market data
Compare how South Carolina fits nationally on the U.S. housing market overview, or browse the top 100 U.S. metro housing markets by sales activity.
New to underwriting? Read how much cash it takes to buy a rental in 2026 — then stress-test assumptions in the calculators above.
Underwrite a South Carolina rental with real numbers
Cash flow, Cap Rate, DSCR, and cash-on-cash return — built for speed without skipping rigor.
Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.