The typical owner-occupied home in Eastover is worth about $117,400, 55% below the South Carolina median of $259,000 and 65% below the national median of $332,700. Owners pay a median $814 a year in property taxes, about 0.69% of their home's value, higher than the South Carolina rate of 0.48%. The median household earns $20,735 a year, so the median home costs 5.7 times the median income (3.7 times for South Carolina). 52% of occupied homes here are lived in by their owners, and 19% of those owners still have a mortgage.
Eastover at a glance
| Eastover | South Carolina | U.S. | |
|---|---|---|---|
| Median home value | $117,400 | $259,000 | $332,700 |
| Median property tax paid per year | $814 | $1,251 | $3,119 |
| Property tax as a share of value | 0.69% | 0.48% | 0.94% |
| Median household income | $20,735 | $69,324 | $80,734 |
| Homes lived in by their owners | 52% | 72% | 65% |
| Owner homes with a mortgage | 19% | 57% | 61% |
| Median monthly costs, owners with a mortgage | $1,140 | $1,529 | $1,963 |
| Those costs as a share of the owners' income | 39.1% | 19.7% | 21.0% |
| Median rent | $658 | $1,180 | $1,413 |
| Rent as a share of renters' income | 37.5% | 31.1% | 30.6% |
| Median year homes were built | 1981 | 1992 | 1980 |
| Vacant homes | 16.2% | 13.3% | 10.1% |
| Population | 485 | 5,296,225 | 334,922,499 |
What a typical home costs per month in Eastover
At this week's average 30-year rate of 7.11%, buying the median Eastover home of $117,400 with 20% down costs about $748 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $944, 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 $32,067 for the 20%-down payment. That payment is 43% of the median Eastover household income of $20,735; at that income and 20% down, the 28% guideline points to a home of about $76,000.
The median rent here is $658 a month, so owning the median home costs about $90 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $23,480 |
|---|---|
| Loan amount | $93,920 |
| Principal and interest | $632 |
| Property taxes (0.69% a year) | $68 |
| Homeowners insurance (our estimate, 0.5% a year) | $49 |
| PMI | $0 |
| Total per month | $748 |
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| Down payment | $4,109 |
|---|---|
| Loan amount | $115,274 |
| Principal and interest | $775 |
| Property taxes (0.69% a year) | $68 |
| Homeowners insurance (our estimate, 0.5% a year) | $49 |
| FHA mortgage insurance | $52 |
| Total per month | $944 |
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Questions about home buying in Eastover
What is the median home value in Eastover?
About $117,400 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Eastover?
Homeowners pay a median $814 a year, which is about 0.69% 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 Eastover?
For the median home with 20% down at 7.11%, the payment is about $748 a month. Keeping that under 28% of gross income takes about $32,067 a year.
More about Eastover
- Mortgage Refinance in Eastover
- Debt Relief in Eastover
- Home Equity Loans in Eastover
- 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