Fairfield County, South Carolina Housing Market Prices
Fairfield 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 142% above the South Carolina median Most expensive county in South Carolina$580,357
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Median rent 20% below the South Carolina median$937
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Fairfield County | South Carolina Avg | US Average |
|---|---|---|---|
| Median Home Price | $580,357 | $239,609 | $248,835 |
| Price Trend (Annual %) | 56.6% | 8.9% | 7.5% |
| Median Gross Rent | $937 | $1,179 | $1,407 |
| Rent Trend (Annual %) | 3.9% | 4.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Fairfield County is about 142% higher than in South Carolina. Rent is about 20% 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 Fairfield County, up about 56.6% and 3.9% a year respectively. Home prices are changing faster.
Median rent in Fairfield County rose about 40.8% between 2015 and 2024, from $665 to $937. Over the same span, rent in South Carolina rose about 49.3%.
Affordability
On average, housing unit costs 12.2 yearly household incomes in Fairfield County.
Buying the median-priced home in Fairfield County costs roughly 51.6 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Fairfield County. The price-to-rent ratio in South Carolina is about 16.9.
| Metric | Fairfield County | South Carolina Avg | US Average |
|---|---|---|---|
| Median Home Price | $580,357 | $239,609 | $248,835 |
| Median Household Income | $47,611 | $69,383 | $80,455 |
| Price-to-Income Ratio | 12.2 | 3.5 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Fairfield County rose about 351.1%, while median household income rose about 41.1% 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 | Fairfield County | South Carolina Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 60.6% | 62.3% | 58.5% |
| Rental Rate | 20.6% | 24.4% | 31.2% |
| Vacancy Rate | 18.8% | 13.3% | 10.2% |
| Median Tenure (years) | 19.0 | 15.0 | 15.0 |
| Median Year Moved In | 2007 | 2011 | 2011 |
Fairfield County has a homeownership rate of 60.6%, lower than the South Carolina average of 62.3%. Its housing vacancy rate is 18.8%, compared with 13.3% in South Carolina.
Housing Stock
| Metric | Fairfield County | South Carolina Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.26 people | 2.44 people | 2.53 people |
| Median Structure Built Year | 1989 | 1990 | 1978 |
| Median Number of Rooms | 6.1 | 5.7 | 5.5 |
The typical housing unit in Fairfield County was built around 1989. On average, 2.3 people live in a home with about 6.1 rooms, staying for about 19.0 years on average.
Fairfield County, SC Housing Compared With Nearby Counties
Fairfield County, SC is the smallest of the 6 counties compared here, 20,550 residents against a local median of 104,481. Fairfield County, SC's median home price, at $580,357, runs 159% above the $224,444 typical of the counties around it.
The counties themselves sit within $124,978 of each other on median home price, a tighter band than the gap between any of them and Fairfield County, SC, which makes it a genuine outlier here rather than one end of a wide local spread. Fairfield County, SC has the highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Fairfield County, SC | 20,550 | $580,357 #1/6 | $937 #4/6 | 74.6% #4/6 |
| Chester County, SC | 32,186 | $161,273 | $853 | 78.4% |
| Richland County, SC | 422,111 | $184,903 | $1,227 | 60.3% |
| Newberry County, SC | 38,435 | $224,444 | $871 | 73.1% |
| Lancaster County, SC | 104,481 | $286,251 | $958 | 83.3% |
| Lexington County, SC | 304,957 | $260,113 | $1,177 | 77.4% |
Frequently Asked Questions
Common questions about the housing market in Fairfield County, South Carolina.
What is the median home price in Fairfield County, South Carolina?
The median home price in Fairfield County, South Carolina is $580,357, higher than the South Carolina average of $239,609.
What is the average home price in Fairfield County, South Carolina?
The typical home price in Fairfield County, South Carolina, reported as the median sale price, is $580,357. 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 Fairfield County, South Carolina?
The median gross rent in Fairfield County, South Carolina is $937 per month, lower than the South Carolina average of $1,179.
What was the median gross rent in Fairfield County in 2020?
In 2020, the median gross rent in Fairfield County, South Carolina was $717 per month.
What is the price-to-rent ratio in Fairfield County, South Carolina?
The price-to-rent ratio in Fairfield County, South Carolina is about 51.6, meaning it would take roughly 51.6 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Fairfield County.
Are home prices or rent rising faster in Fairfield County, South Carolina?
Both home prices and rent are rising in Fairfield County, up about 56.6% and 3.9% a year respectively. Home prices are changing faster.
What is the homeownership rate in Fairfield County, South Carolina?
60.6% of households in Fairfield County, South Carolina own their home, lower than the South Carolina average of 62.3%.
What is the vacancy rate in Fairfield County, South Carolina?
The housing vacancy rate in Fairfield County, South Carolina is 18.8%, higher than the South Carolina average of 13.3%.
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