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Buying a home in Conestee, South Carolina

The typical owner-occupied home in Conestee is worth about $225,000, 13% below the South Carolina median of $259,000 and 32% below the national median of $332,700. The median household earns $44,850 a year, so the median home costs 5.0 times the median income (3.7 times for South Carolina). 42% of occupied homes here are lived in by their owners, and 22% of those owners still have a mortgage.

Conestee at a glance

Conestee South Carolina U.S.
Median home value $225,000 $259,000 $332,700
Median property tax paid per year – $1,251 $3,119
Median household income $44,850 $69,324 $80,734
Homes lived in by their owners 42% 72% 65%
Owner homes with a mortgage 22% 57% 61%
Median monthly costs, owners with a mortgage – $1,529 $1,963
Median rent $685 $1,180 $1,413
Rent as a share of renters' income 18.2% 31.1% 30.6%
Median year homes were built 1996 1992 1980
Vacant homes 0.0% 13.3% 10.1%
Population 776 5,296,225 334,922,499

What a typical home costs per month in Conestee

At this week's average 30-year rate of 7.11%, buying the median Conestee home of $225,000 with 20% down costs about $1,511 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,886, because the loan is bigger and FHA adds mortgage insurance.

Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $64,752 for the 20%-down payment. That payment is 40% of the median Conestee household income of $44,850; at that income and 20% down, the 28% guideline points to a home of about $156,000.

The median rent here is $685 a month, so owning the median home costs about $826 a month more than renting, before you count the equity you build and any tax benefits.

20% down, 30-year conventional loan
Down payment$45,000
Loan amount$180,000
Principal and interest$1,211
Property taxes (1.10% a year)$206
Homeowners insurance (our estimate, 0.5% a year)$94
PMI$0
Total per month$1,511

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3.5% down, 30-year FHA loan
Down payment$7,875
Loan amount$220,925
Principal and interest$1,486
Property taxes (1.10% a year)$206
Homeowners insurance (our estimate, 0.5% a year)$94
FHA mortgage insurance$100
Total per month$1,886

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Questions about home buying in Conestee

What is the median home value in Conestee?

About $225,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

What income do you need to buy a home in Conestee?

For the median home with 20% down at 7.11%, the payment is about $1,511 a month. Keeping that under 28% of gross income takes about $64,752 a year.

More about Conestee

Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data