Lee County, South Carolina Housing Market Prices
Lee 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 52% below the South Carolina median Cheaper than 73% of counties in South Carolina$114,583
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Median rent 30% below the South Carolina median Cheaper than 71% of counties in South Carolina$823
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Lee County | South Carolina Avg | US Average |
|---|---|---|---|
| Median Home Price | $114,583 | $239,609 | $248,835 |
| Price Trend (Annual %) | 48.8% | 8.9% | 7.5% |
| Median Gross Rent | $823 | $1,179 | $1,407 |
| Rent Trend (Annual %) | 2.9% | 4.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Lee County is about 52% lower than in South Carolina. Rent is about 30% 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 Lee County, up about 48.8% and 2.9% a year respectively. Home prices are changing faster.
Median rent in Lee County rose about 38.3% between 2015 and 2024, from $595 to $823. Over the same span, rent in South Carolina rose about 49.3%.
Affordability
On average, housing unit costs 2.6 yearly household incomes in Lee County.
Buying the median-priced home in Lee County costs roughly 11.6 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Lee County. The price-to-rent ratio in South Carolina is about 16.9.
| Metric | Lee County | South Carolina Avg | US Average |
|---|---|---|---|
| Median Home Price | $114,583 | $239,609 | $248,835 |
| Median Household Income | $44,784 | $69,383 | $80,455 |
| Price-to-Income Ratio | 2.6 | 3.5 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Lee County rose about 118.3%, while median household income rose about 60.8% 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 | Lee County | South Carolina Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 58.9% | 62.3% | 58.5% |
| Rental Rate | 24.7% | 24.4% | 31.2% |
| Vacancy Rate | 16.5% | 13.3% | 10.2% |
| Median Tenure (years) | 22.0 | 15.0 | 15.0 |
| Median Year Moved In | 2004 | 2011 | 2011 |
Lee County has a homeownership rate of 58.9%, lower than the South Carolina average of 62.3%. Its housing vacancy rate is 16.5%, compared with 13.3% in South Carolina.
Housing Stock
| Metric | Lee County | South Carolina Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.35 people | 2.44 people | 2.53 people |
| Median Structure Built Year | 1985 | 1990 | 1978 |
| Median Number of Rooms | 5.6 | 5.7 | 5.5 |
The typical housing unit in Lee County was built around 1985. On average, 2.4 people live in a home with about 5.6 rooms, staying for about 22.0 years on average.
Lee County, SC Housing Compared With Nearby Counties
Lee County, SC is the smallest of the 4 counties compared here, 16,166 residents against a local median of 62,559. The measure that sets Lee County, SC apart most is median home price: $114,583, 47% below the local median of $216,121.
The counties themselves spread $128,820 on median home price, so Lee County, SC sits at one end of an already wide local range rather than apart from it. Lee County, SC has the 4th highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Lee County, SC | 16,166 | $114,583 #4/4 | $823 #3/4 | 70.5% #3/4 |
| Sumter County, SC | 104,715 | $216,121 | $1,057 | 68.1% |
| Darlington County, SC | 62,559 | $115,885 | $895 | 70.9% |
| Chesterfield County, SC | 43,782 | $244,705 | $761 | 72.8% |
Frequently Asked Questions
Common questions about the housing market in Lee County, South Carolina.
What is the median home price in Lee County, South Carolina?
The median home price in Lee County, South Carolina is $114,583, lower than the South Carolina average of $239,609.
What is the average home price in Lee County, South Carolina?
The typical home price in Lee County, South Carolina, reported as the median sale price, is $114,583. 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 Lee County, South Carolina?
The median gross rent in Lee County, South Carolina is $823 per month, lower than the South Carolina average of $1,179.
What was the median gross rent in Lee County in 2020?
In 2020, the median gross rent in Lee County, South Carolina was $709 per month.
What is the price-to-rent ratio in Lee County, South Carolina?
The price-to-rent ratio in Lee County, South Carolina is about 11.6, meaning it would take roughly 11.6 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Lee County.
Are home prices or rent rising faster in Lee County, South Carolina?
Both home prices and rent are rising in Lee County, up about 48.8% and 2.9% a year respectively. Home prices are changing faster.
What is the homeownership rate in Lee County, South Carolina?
58.9% of households in Lee County, South Carolina own their home, lower than the South Carolina average of 62.3%.
What is the vacancy rate in Lee County, South Carolina?
The housing vacancy rate in Lee County, South Carolina is 16.5%, higher than the South Carolina average of 13.3%.
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