Marion County, South Carolina Housing Market Prices
Marion 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 45% below the South Carolina median$132,812
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Median rent 43% below the South Carolina median Among the top 3 cheapest counties in South Carolina$668
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Marion County | South Carolina Avg | US Average |
|---|---|---|---|
| Median Home Price | $132,812 | $239,609 | $248,835 |
| Price Trend (Annual %) | 17.1% | 8.9% | 7.5% |
| Median Gross Rent | $668 | $1,179 | $1,407 |
| Rent Trend (Annual %) | 3.5% | 4.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Marion County is about 45% lower than in South Carolina. Rent is about 43% 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 Marion County, up about 17.1% and 3.5% a year respectively. Home prices are changing faster.
Median rent in Marion County rose about 35.0% between 2015 and 2024, from $495 to $668. Over the same span, rent in South Carolina rose about 49.3%.
Affordability
On average, housing unit costs 3.6 yearly household incomes in Marion County.
Buying the median-priced home in Marion County costs roughly 16.6 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 Marion County. The price-to-rent ratio in South Carolina is about 16.9.
| Metric | Marion County | South Carolina Avg | US Average |
|---|---|---|---|
| Median Home Price | $132,812 | $239,609 | $248,835 |
| Median Household Income | $36,420 | $69,383 | $80,455 |
| Price-to-Income Ratio | 3.6 | 3.5 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Marion County rose about 70.7%, while median household income rose about 15.5% 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 | Marion County | South Carolina Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 52.6% | 62.3% | 58.5% |
| Rental Rate | 31.4% | 24.4% | 31.2% |
| Vacancy Rate | 16.0% | 13.3% | 10.2% |
| Median Tenure (years) | 19.0 | 15.0 | 15.0 |
| Median Year Moved In | 2007 | 2011 | 2011 |
Marion County has a homeownership rate of 52.6%, lower than the South Carolina average of 62.3%. Its housing vacancy rate is 16.0%, compared with 13.3% in South Carolina.
Housing Stock
| Metric | Marion County | South Carolina Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.34 people | 2.44 people | 2.53 people |
| Median Structure Built Year | 1983 | 1990 | 1978 |
| Median Number of Rooms | 5.1 | 5.7 | 5.5 |
The typical housing unit in Marion County was built around 1983. On average, 2.3 people live in a home with about 5.1 rooms, staying for about 19.0 years on average.
Marion County, SC Housing Compared With Nearby Counties
Marion County, SC is the 3rd largest of the 5 counties compared here, 28,664 residents against a local median of 82,488. Where Marion County, SC breaks from the counties next to it is median rent, sitting 19% below the local median of $821 at $668.
The counties themselves spread $577 on median rent, so Marion County, SC sits at one end of an already wide local range rather than apart from it. Marion County, SC has the 5th highest median rent of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Marion County, SC | 28,664 | $132,812 #3/5 | $668 #5/5 | 62.6% #5/5 |
| Dillon County, SC | 27,862 | $57,413 | $678 | 64.7% |
| Florence County, SC | 137,115 | $164,627 | $953 | 64.5% |
| Horry County, SC | 382,931 | $259,566 | $1,255 | 77.3% |
| Marlboro County, SC | 25,963 | $96,855 | $688 | 63.0% |
Frequently Asked Questions
Common questions about the housing market in Marion County, South Carolina.
What is the median home price in Marion County, South Carolina?
The median home price in Marion County, South Carolina is $132,812, lower than the South Carolina average of $239,609.
What is the average home price in Marion County, South Carolina?
The typical home price in Marion County, South Carolina, reported as the median sale price, is $132,812. 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 Marion County, South Carolina?
The median gross rent in Marion County, South Carolina is $668 per month, lower than the South Carolina average of $1,179.
What was the median gross rent in Marion County in 2020?
In 2020, the median gross rent in Marion County, South Carolina was $586 per month.
What is the price-to-rent ratio in Marion County, South Carolina?
The price-to-rent ratio in Marion County, South Carolina is about 16.6, meaning it would take roughly 16.6 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 Marion County.
Are home prices or rent rising faster in Marion County, South Carolina?
Both home prices and rent are rising in Marion County, up about 17.1% and 3.5% a year respectively. Home prices are changing faster.
What is the homeownership rate in Marion County, South Carolina?
52.6% of households in Marion County, South Carolina own their home, lower than the South Carolina average of 62.3%.
What is the vacancy rate in Marion County, South Carolina?
The housing vacancy rate in Marion County, South Carolina is 16.0%, higher than the South Carolina average of 13.3%.
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