The story of this market
The typical home in Florence County, South Carolina sells for about $239,000, or $148 per square foot.
Prices are down 13.4% from a year ago, which gives buyers more room to negotiate. Homes take about 81 days to sell, which is slow. Over the long run, values in this county have grown 56% since 2000. Last year 17 of 26 neighborhoods saw prices rise, so the story isn't the same street to street. The biggest natural hazard here is hurricane, which FEMA rates relatively high. HUD's fair market rent for a two-bedroom is $1,121 a month.
HUD sets the fair market rent for a 2-bedroom at $1,121 a month. FEMA's National Risk Index rates overall hazard risk here as Relatively Moderate.
Price climate
Every year of price change, 2000–2025
0%
2025
Each stripe is one year's median price change across the area's census tracts (FHFA repeat-sales index). Deep blue is a strong gain year, red a falling year. Best: 2022 (+12.1%). Worst: 2011 (-3.2%). Hover to read a year.
Monthly price momentum
Home values since 2015
-0.3%
SC · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$1,444
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Neighborhood price trend
Long-run price trend, 2000–2025
0%
2025 change
FHFA repeat-sales index, median of 26 census tracts in this county (2000 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
72
Relatively Moderate
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $65,170,603.
Mortgage activity
Home lending in this county
72.1%
2018 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 4126 | 2159 | 72.1% | 6.4% | $145,000 |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
Florence County, South Carolina
The Florence County housing market is experiencing a cooling phase characterized by a significant year-over-year decline in median sale prices and an increase in time on market. Elevated inventory levels and a high percentage of homes selling below list price suggest a shift toward buyer-favorable conditions. Market activity remains constrained as buyers adjust to current pricing and economic headwinds.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Select a city to expand its ZIP intel reports beneath · 2 cities · 5 ZIP reports
Median prices moved down 1.1% year over year.
Homes spend a median of 77 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 98.98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.5% · poverty 16.5% — a stable, low-distress profile.
ACS 2024 5-year estimates. Aggregate published statistics for this county — never individual records, and never an attribute of any individual property or resident.
Deterministic aggregate of 4 researched ZIP reports of 5 — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
No researched properties in this county yet — the property base layer populates as property research runs, and each property feeds its ZIP's roll-up.
researched Sep 26
researched Sep 26
researched Sep 26
researched Sep 20
researched Sep 26
| 29501 | Florence | $229,783 | $148 | +3.3% | 26 | 99% | 18.6% | 3.4 | 351 | $1,070 | researched Sep 26 |
| 29505 | Florence | $279,000 | $148 | +9.4% | 81 | 99% | — | — | 797 | $1,140 | researched Sep 26 |
| 29506 | Florence | $209,883 | $126 | -13.1% | 73 | 99% | — | — | 712 | $798 | researched Sep 26 |
| 29541 | Effingham | $205,000 | $115 | 0% | 65 | 98% | — | 2 | 2 | $991 | researched Sep 20 |
| 29560 | Lake City | $169,950 | $43 | +27.3% | 136 | — | — | — | 10 | $709 | researched Sep 26 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
- Sky Zone Trampoline Park4.514.5 mi
- Chuck E. Cheese4.217.6 mi
- Tilt Studio3.517.9 mi
- Darlington Raceway4.726.2 mi
- Florence Center4.417.7 mi
- Golden Corral Buffet & Grill3.917.5 mi
- Darlington Dragway4.729.8 mi
- Florence Motor Speedway4.518.7 mi
- Lynches River County Park4.68.7 mi
- Regal Swamp Fox4.117.7 mi
- Timrod Park4.415.6 mi
- Sky Zone Trampoline Park4.514.5 mi
- Julia Cinemas4.614.9 mi
- Slabs4.89.9 mi
- Florence County Museum4.616.1 mi
- ArtFields4.79.6 mi
- The Bean Market4.79.8 mi
- Lynches River County Park4.68.7 mi
- River Neck Acres ATV Park4.610.1 mi
- Timrod Park4.415.6 mi
- Woods Bay State Park4.418.8 mi
- Freedom Florence Recreation Park4.514 mi
- The Country Club of South Carolina4.418.4 mi
- Magnolia Mall4.217.9 mi
- Florence Flea Market4.215 mi
- Harris Teeter4.516.7 mi
- Ross Dress for Less4.316.9 mi
- T.J. Maxx4.316.9 mi
- Florence Regional Airport3.915.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Data retrieved from US Census Bureau QuickFacts and ACS estimates.
Property tax is calculated by multiplying the fair market value by an assessment ratio, then applying the local millage rate. The assessment ratio is 4% for owner-occupied legal residences and 6% for other real property. Exemptions exist for specific categories such as disabled veterans or homesteads for seniors.
SC Code Section 12-43-220; established via state constitutional and statutory authority.
≈ $9,560/yr on a $239,000 median
South Carolina is a judicial foreclosure state. Foreclosure requires a court action, the filing of a lis pendens, and a court-ordered sale conducted by a master or court officer. The process involves formal notice and judicial oversight of lien priorities.
Governed by South Carolina Rules of Civil Procedure, Rule 71.
applies when — Parcels located within a development subject to a recorded declaration of covenants, conditions, and restrictions (CC&Rs)
Parcels are bound by the South Carolina Homeowners Association Act, which regulates the governance, assessment collection, and administrative requirements of HOAs. Owners are subject to mandatory assessments and restrictive covenants.
SC Code Title 27, Chapter 30.
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.