Sumter County, South Carolina Housing Market Prices
Sumter 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 10% below the South Carolina median$216,121
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Median rent 10% below the South Carolina median More expensive than 71% of counties in South Carolina$1,057
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Sumter County | South Carolina Avg | US Average |
|---|---|---|---|
| Median Home Price | $216,121 | $239,609 | $248,835 |
| Price Trend (Annual %) | 7.4% | 8.9% | 7.5% |
| Median Gross Rent | $1,057 | $1,179 | $1,407 |
| Rent Trend (Annual %) | 4.6% | 4.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Sumter County is about 10% lower than in South Carolina. Rent is about 10% 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 Sumter County, up about 7.4% and 4.6% a year respectively. Home prices are changing faster.
Median rent in Sumter County rose about 41.6% between 2015 and 2024, from $746 to $1,057. Over the same span, rent in South Carolina rose about 49.3%.
Affordability
On average, housing unit costs 3.8 yearly household incomes in Sumter County.
Buying the median-priced home in Sumter County costs roughly 17.0 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 Sumter County. The price-to-rent ratio in South Carolina is about 16.9.
| Metric | Sumter County | South Carolina Avg | US Average |
|---|---|---|---|
| Median Home Price | $216,121 | $239,609 | $248,835 |
| Median Household Income | $56,802 | $69,383 | $80,455 |
| Price-to-Income Ratio | 3.8 | 3.5 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Sumter County rose about 91.5%, while median household income rose about 41.8% 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 | Sumter County | South Carolina Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 58.8% | 62.3% | 58.5% |
| Rental Rate | 27.5% | 24.4% | 31.2% |
| Vacancy Rate | 13.7% | 13.3% | 10.2% |
| Median Tenure (years) | 16.0 | 15.0 | 15.0 |
| Median Year Moved In | 2010 | 2011 | 2011 |
Sumter County has a homeownership rate of 58.8%, lower than the South Carolina average of 62.3%. Its housing vacancy rate is 13.7%, compared with 13.3% in South Carolina.
Housing Stock
| Metric | Sumter County | South Carolina Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.48 people | 2.44 people | 2.53 people |
| Median Structure Built Year | 1988 | 1990 | 1978 |
| Median Number of Rooms | 5.7 | 5.7 | 5.5 |
The typical housing unit in Sumter County was built around 1988. On average, 2.5 people live in a home with about 5.7 rooms, staying for about 16.0 years on average.
Sumter County, SC Housing Compared With Nearby Counties
How Sumter County, SC compares with the 1 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Sumter County, SC | 104,715 | $216,121 #1/2 | $1,057 #2/2 | 68.1% #1/2 |
| Richland County, SC | 422,111 | $184,903 | $1,227 | 60.3% |
Frequently Asked Questions
Common questions about the housing market in Sumter County, South Carolina.
What is the median home price in Sumter County, South Carolina?
The median home price in Sumter County, South Carolina is $216,121, lower than the South Carolina average of $239,609.
What is the average home price in Sumter County, South Carolina?
The typical home price in Sumter County, South Carolina, reported as the median sale price, is $216,121. 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 Sumter County, South Carolina?
The median gross rent in Sumter County, South Carolina is $1,057 per month, lower than the South Carolina average of $1,179.
What was the median gross rent in Sumter County in 2020?
In 2020, the median gross rent in Sumter County, South Carolina was $808 per month.
What is the price-to-rent ratio in Sumter County, South Carolina?
The price-to-rent ratio in Sumter County, South Carolina is about 17.0, meaning it would take roughly 17.0 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 Sumter County.
Are home prices or rent rising faster in Sumter County, South Carolina?
Both home prices and rent are rising in Sumter County, up about 7.4% and 4.6% a year respectively. Home prices are changing faster.
What is the homeownership rate in Sumter County, South Carolina?
58.8% of households in Sumter County, South Carolina own their home, lower than the South Carolina average of 62.3%.
What is the vacancy rate in Sumter County, South Carolina?
The housing vacancy rate in Sumter County, South Carolina is 13.7%, higher than the South Carolina average of 13.3%.
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