South Carolina housing market data: median home price, year-over-year appreciation, inventory, months of supply, days on market, affordability, and what it me
South Carolina is currently a balanced market. The median sale price sits near $361,000, up 2.0% from a year ago, with roughly 25,417 active listings and 4 months of supply. Homes are going under contract in about 42 days on average.
South Carolina's median sale price of $361,000 is 13.9% below the $419,300 national median, which places it 29 of 51 states by price level. Year-over-year appreciation of 2.0% ranks 39 of 51, so South Carolina is currently a middle-of-the-pack state relative to the rest of the country.
Inside the South region, the median state price is $289,500, so South Carolina runs 24.7% richer than its regional peers — the closest comparisons are Virginia at $419,000, Florida at $412,000, North Carolina at $372,000, Tennessee at $372,000. That gap matters for loan sizing: at the same rate, a South Carolina file carries roughly $71,500 more balance than the regional median, which changes qualifying income and the value of a rate-and-term option.
South Carolina statewide numbers hide real spread across its metros. This report tracks 1 South Carolina metro: Charleston, SC ($462,000, +1.7% YoY). Price a file off the metro your borrower is actually buying in, not the state average.
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South Carolina is currently a balanced market. The median sale price sits near $361,000, up 2.0% from a year ago, with roughly 25,417 active listings and 4 months of supply. Homes are going under contract in about 42 days on average.
Affordability remains the binding constraint. At the current national average 30-year fixed rate near 6.42%, the typical payment on a median-priced home in South Carolina runs about $2,466 per month including taxes and insurance, against a median rent near $1,515. That gap is what determines whether purchase conversations in this market start with payment, with price, or with a buydown structure.
Supply is close to balance, with price reductions on about 32% of active listings. Builder incentives are selective, and permits are running near 19,439 annualized units.
For originators, the practical read is this: buyers have negotiating room again, so seller-paid temporary buydowns and closing cost credits are the highest-leverage tools in your kit.
South Carolina currently reads as a balanced market with 4 months of supply. Balanced is generally considered four to six months, so this market is close to balance.
The median sale price is approximately $361,000 as of 7/24/2026, up 2.0% from a year earlier.
No. Median prices are up about 2.0% year over year, though the pace of appreciation has slowed considerably from the 2021 peak.
The typical down payment on a closed transaction is near $37,486, and the resulting payment at the current national average 30-year fixed rate is roughly $2,466 per month including taxes and insurance. Low-down-payment FHA, VA, and conventional 3% options can materially reduce the cash required.
Our directional 12-month range is +0.4% to +3.8% on median price. Confidence is moderate; the rate path is the dominant variable.
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