The typical owner-occupied home in Greenwood County is worth about $180,500, 30% below the South Carolina median of $259,000 and 46% below the national median of $332,700. Owners pay a median $964 a year in property taxes, about 0.53% of their home's value, higher than the South Carolina rate of 0.48%. The median household earns $52,830 a year, so the median home costs 3.4 times the median income (3.7 times for South Carolina). 67% of occupied homes here are lived in by their owners, and 50% of those owners still have a mortgage.
Greenwood County at a glance
| Greenwood County | South Carolina | U.S. | |
|---|---|---|---|
| Median home value | $180,500 | $259,000 | $332,700 |
| Median property tax paid per year | $964 | $1,251 | $3,119 |
| Property tax as a share of value | 0.53% | 0.48% | 0.94% |
| Median household income | $52,830 | $69,324 | $80,734 |
| Homes lived in by their owners | 67% | 72% | 65% |
| Owner homes with a mortgage | 50% | 57% | 61% |
| Median monthly costs, owners with a mortgage | $1,227 | $1,529 | $1,963 |
| Those costs as a share of the owners' income | 20.2% | 19.7% | 21.0% |
| Median rent | $898 | $1,180 | $1,413 |
| Rent as a share of renters' income | 30.0% | 31.1% | 30.6% |
| Median year homes were built | 1977 | 1992 | 1980 |
| Vacant homes | 12.0% | 13.3% | 10.1% |
| Population | 69,489 | 5,296,225 | 334,922,499 |
What a typical home costs per month in Greenwood County
At this week's average 30-year rate of 7.11%, buying the median Greenwood County home of $180,500 with 20% down costs about $1,126 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,427, 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 $48,271 for the 20%-down payment. That payment is 26% of the median Greenwood County household income of $52,830; at that income and 20% down, the 28% guideline points to a home of about $198,000.
The median rent here is $898 a month, so owning the median home costs about $228 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $36,100 |
|---|---|
| Loan amount | $144,400 |
| Principal and interest | $971 |
| Property taxes (0.53% a year) | $80 |
| Homeowners insurance (our estimate, 0.5% a year) | $75 |
| PMI | $0 |
| Total per month | $1,126 |
Change the numbers in the calculator
| Down payment | $6,318 |
|---|---|
| Loan amount | $177,231 |
| Principal and interest | $1,192 |
| Property taxes (0.53% a year) | $80 |
| Homeowners insurance (our estimate, 0.5% a year) | $75 |
| FHA mortgage insurance | $80 |
| Total per month | $1,427 |
Change the numbers in the calculator
Questions about home buying in Greenwood County
What is the median home value in Greenwood County?
About $180,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Greenwood County?
Homeowners pay a median $964 a year, which is about 0.53% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Greenwood County?
For the median home with 20% down at 7.11%, the payment is about $1,126 a month. Keeping that under 28% of gross income takes about $48,271 a year.
More about Greenwood County
- Mortgage Refinance in Greenwood County
- Debt Relief in Greenwood County
- Home Equity Loans in Greenwood County
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
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