The typical owner-occupied home in Sharon is worth about $222,200, 14% below the South Carolina median of $259,000 and 33% below the national median of $332,700. Owners pay a median $747 a year in property taxes, about 0.34% of their home's value, lower than the South Carolina rate of 0.48%. 86% of occupied homes here are lived in by their owners, and 39% of those owners still have a mortgage.
Sharon at a glance
| Sharon | South Carolina | U.S. | |
|---|---|---|---|
| Median home value | $222,200 | $259,000 | $332,700 |
| Median property tax paid per year | $747 | $1,251 | $3,119 |
| Property tax as a share of value | 0.34% | 0.48% | 0.94% |
| Median household income | – | $69,324 | $80,734 |
| Homes lived in by their owners | 86% | 72% | 65% |
| Owner homes with a mortgage | 39% | 57% | 61% |
| Median monthly costs, owners with a mortgage | $1,551 | $1,529 | $1,963 |
| Those costs as a share of the owners' income | 17.5% | 19.7% | 21.0% |
| Median rent | $875 | $1,180 | $1,413 |
| Rent as a share of renters' income | 32.5% | 31.1% | 30.6% |
| Median year homes were built | 2001 | 1992 | 1980 |
| Vacant homes | 3.4% | 13.3% | 10.1% |
| Population | 431 | 5,296,225 | 334,922,499 |
What a typical home costs per month in Sharon
At this week's average 30-year rate of 7.11%, buying the median Sharon home of $222,200 with 20% down costs about $1,351 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,722, 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 $57,915 for the 20%-down payment.
The median rent here is $875 a month, so owning the median home costs about $476 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $44,440 |
|---|---|
| Loan amount | $177,760 |
| Principal and interest | $1,196 |
| Property taxes (0.34% a year) | $63 |
| Homeowners insurance (our estimate, 0.5% a year) | $93 |
| PMI | $0 |
| Total per month | $1,351 |
Change the numbers in the calculator
| Down payment | $7,777 |
|---|---|
| Loan amount | $218,175 |
| Principal and interest | $1,468 |
| Property taxes (0.34% a year) | $63 |
| Homeowners insurance (our estimate, 0.5% a year) | $93 |
| FHA mortgage insurance | $98 |
| Total per month | $1,722 |
Change the numbers in the calculator
Questions about home buying in Sharon
What is the median home value in Sharon?
About $222,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Sharon?
Homeowners pay a median $747 a year, which is about 0.34% 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 Sharon?
For the median home with 20% down at 7.11%, the payment is about $1,351 a month. Keeping that under 28% of gross income takes about $57,915 a year.
More about Sharon
- Mortgage Refinance in Sharon
- Debt Relief in Sharon
- Home Equity Loans in Sharon
- 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