Here are the 10 SC cities and places where home prices are rising fastest in 2025
Home buying in South Carolina has been hard on the wallet so far this year.
Purchasing a home has gotten more expensive in the state overall in 2025. According to the latest data from Redfin, home prices in South Carolina were up 1.6% year-over-year in May, selling for a median price of $392,200.
But while prices have risen overall in the state, some metro areas have had far bigger increases than others. Redfin data has ranked the 10 South Carolina metro areas with the fastest growing sales prices for the year, as of May. Notably, the popular city of Charleston did not make the list.
Here’s a look at the 10 South Carolina metro areas with the fastest rising homes sales prices year-over-year, according to Redfin.
10 SC metro areas with fastest rising home prices
#1 Tega Cay
- Price jump — 40.1%
- May median sales price — $550,000
#2 Murrells Inlet
- Price jump — 35.8%
- May median sales price — $555,000
#3 Hanahan
- Price jump — 28.8%
- May median sales price — $425,000
#4 Socastee
- Price jump — 25%
- May median sales price — $347,500
#5 Lake Wylie
- Price jump — 22.4%
- May median sales price — $612,000
#6 Simpsonville
- Price jump — 14.7%
- May median sales price — $312,000
#7 Moncks Corner
- Price jump — 13.7%
- May median sales price — $390,328
#8 Greenville
- Price jump — 13.3%
- May median sales price — $520,455
#9 Florence
- Price jump — 13.2%
- May median sales price — $255,000
#10 Greer
- Price jump — 11.6%
- May median sales price — $334,900
May changes in housing market
Despite the rise in prices, there have been 7,389 homes sold in South Carolina as of May 2025, a 1.0% increase year-over-year, Redfin data shows. Also, the number of homes for sale in the state has grown to 37,838, a 13.7% year-over-year jump. Of those, 9,334 are newly listed homes, which is a 0.6% year-over-year increase.
According to Redfin, 14.3% of homes in South Carolina sold above the list price in May, down two points from a year ago. There were only 29.6% of homes that had price drops, up from 26% of homes in May last year.
Why SC prices have risen
A combination of higher demand and relatively high mortgage interest rates has contributed to the rise in home prices in South Carolina. The state has been among the top fastest growing by population for years, U.S. Census data shows. More demand and fewer houses means higher prices. But if more homes continue to pop up for sale in the state like they have in recent months, the rate of price increases could slow.
