Cities with the most expensive homes in the Florence, South Carolina metro area

Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, plays a huge role for buyers.

The typical home value in the United States was $369,678 in August, 1.3% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of September 17, the sits at 6.95%.

Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.

compiled a list of cities with the most expensive homes in the Florence, South Carolina metro area using data from . Charts show the monthly typical home value since January 2018. All 14 cities and towns with data available were included in the list.

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#14. Society Hill, SC

- Typical home value: $114,648
- 1-year price change: +6.6%
- 5-year price change: -3.9%

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2 / 14

#13. Lake City, SC

- Typical home value: $128,948
- 1-year price change: +1.8%
- 5-year price change: +15.0%

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#12. Olanta, SC

- Typical home value: $131,733
- 1-year price change: -0.6%
- 5-year price change: +3.4%

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#11. Scranton, SC

- Typical home value: $141,688
- 1-year price change: +8.7%
- 5-year price change: +21.3%

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#10. Lamar, SC

- Typical home value: $148,791
- 1-year price change: +10.2%
- 5-year price change: +12.3%

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#9. Johnsonville, SC

- Typical home value: $149,357
- 1-year price change: +11.3%
- 5-year price change: +29.4%

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#8. Pamplico, SC

- Typical home value: $153,602
- 1-year price change: +12.5%
- 5-year price change: +28.2%

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#7. Darlington, SC

- Typical home value: $155,797
- 1-year price change: +12.5%
- 5-year price change: +18.2%

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#6. Coward, SC

- Typical home value: $161,786
- 1-year price change: +13.0%
- 5-year price change: +34.6%

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#5. Mc Bee, SC

- Typical home value: $169,016
- 1-year price change: +5.3%
- 5-year price change: +10.7%

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#4. Timmonsville, SC

- Typical home value: $184,752
- 1-year price change: +13.4%
- 5-year price change: +34.9%

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#3. Hartsville, SC

- Typical home value: $186,999
- 1-year price change: +11.2%
- 5-year price change: +20.8%

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#2. Quinby, SC

- Typical home value: $201,555
- 1-year price change: +3.4%
- 5-year price change: +29.4%

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#1. Florence, SC

- Typical home value: $223,905
- 1-year price change: +3.1%
- 5-year price change: +28.0%

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