Anderson County, South Carolina Housing Market Prices
Anderson County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 17% below the South Carolina median$198,881
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Median rent 16% below the South Carolina median$989
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Anderson County | South Carolina Avg | US Average |
|---|---|---|---|
| Median Home Price | $198,881 | $239,609 | $248,835 |
| Price Trend (Annual %) | 12.4% | 8.9% | 7.5% |
| Median Gross Rent | $989 | $1,179 | $1,407 |
| Rent Trend (Annual %) | 4.7% | 4.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Anderson County is about 17% lower than in South Carolina. Rent is about 16% lower than the South Carolina average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Anderson County, up about 12.4% and 4.7% a year respectively. Home prices are changing faster.
Median rent in Anderson County rose about 46.7% between 2015 and 2024, from $674 to $989. Over the same span, rent in South Carolina rose about 49.3%.
Affordability
On average, housing unit costs 3.0 yearly household incomes in Anderson County.
Buying the median-priced home in Anderson County costs roughly 16.8 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Anderson County. The price-to-rent ratio in South Carolina is about 16.9.
| Metric | Anderson County | South Carolina Avg | US Average |
|---|---|---|---|
| Median Home Price | $198,881 | $239,609 | $248,835 |
| Median Household Income | $66,720 | $69,383 | $80,455 |
| Price-to-Income Ratio | 3.0 | 3.5 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Anderson County rose about 75.7%, while median household income rose about 48.0% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Anderson County | South Carolina Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 68.0% | 62.3% | 58.5% |
| Rental Rate | 22.9% | 24.4% | 31.2% |
| Vacancy Rate | 9.1% | 13.3% | 10.2% |
| Median Tenure (years) | 15.0 | 15.0 | 15.0 |
| Median Year Moved In | 2011 | 2011 | 2011 |
Anderson County has a homeownership rate of 68.0%, higher than the South Carolina average of 62.3%. Its housing vacancy rate is 9.1%, compared with 13.3% in South Carolina.
Housing Stock
| Metric | Anderson County | South Carolina Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.47 people | 2.44 people | 2.53 people |
| Median Structure Built Year | 1985 | 1990 | 1978 |
| Median Number of Rooms | 5.9 | 5.7 | 5.5 |
The typical housing unit in Anderson County was built around 1985. On average, 2.5 people live in a home with about 5.9 rooms, staying for about 15.0 years on average.
Anderson County, SC Housing Compared With Nearby Counties
Anderson County, SC is the 2nd largest of the 4 counties compared here, 210,447 residents against a local median of 134,527. Where Anderson County, SC breaks from the counties next to it is median home price, sitting 26% below the local median of $268,520 at $198,881.
The counties themselves spread $105,694 on median home price, so Anderson County, SC sits at one end of an already wide local range rather than apart from it. Anderson County, SC has the 3rd highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Anderson County, SC | 210,447 | $198,881 #3/4 | $989 #2/4 | 74.8% #2/4 |
| Abbeville County, SC | 24,414 | $175,928 | $798 | 78.1% |
| Pickens County, SC | 134,527 | $268,520 | $971 | 70.9% |
| Greenville County, SC | 547,972 | $281,622 | $1,262 | 68.9% |
Frequently Asked Questions
Common questions about the housing market in Anderson County, South Carolina.
What is the median home price in Anderson County, South Carolina?
The median home price in Anderson County, South Carolina is $198,881, lower than the South Carolina average of $239,609.
What is the average home price in Anderson County, South Carolina?
The typical home price in Anderson County, South Carolina, reported as the median sale price, is $198,881. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Anderson County, South Carolina?
The median gross rent in Anderson County, South Carolina is $989 per month, lower than the South Carolina average of $1,179.
What was the median gross rent in Anderson County in 2020?
In 2020, the median gross rent in Anderson County, South Carolina was $790 per month.
What is the price-to-rent ratio in Anderson County, South Carolina?
The price-to-rent ratio in Anderson County, South Carolina is about 16.8, meaning it would take roughly 16.8 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Anderson County.
Are home prices or rent rising faster in Anderson County, South Carolina?
Both home prices and rent are rising in Anderson County, up about 12.4% and 4.7% a year respectively. Home prices are changing faster.
What is the homeownership rate in Anderson County, South Carolina?
68.0% of households in Anderson County, South Carolina own their home, higher than the South Carolina average of 62.3%.
What is the vacancy rate in Anderson County, South Carolina?
The housing vacancy rate in Anderson County, South Carolina is 9.1%, lower than the South Carolina average of 13.3%.
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