Cherokee County, South Carolina home prices
Typical home $189,612 · -2.5% in a year · property tax 0.43%
The typical home in Cherokee County is worth $189,612, 38% less than the South Carolina typical home ($304,319). Values changed -2.5% in the past year and -7.0% over five years. Homeowners here pay a median 0.43% of their home's value in property tax each year ($820 on the typical home), versus 0.45% statewide.
Mortgage on the typical Cherokee County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $37,922 | $151,690 | $1,020 | $0 | $163 | $1,184 | $50,700 |
| 10% down | $18,961 | $170,651 | $1,148 | $71 | $163 | $1,382 | $59,200 |
| 5% down | $9,481 | $180,132 | $1,212 | $75 | $163 | $1,450 | $62,100 |
| 3.5% down (FHA) | $6,636 | $186,178 | $1,252 | $84 | $163 | $1,499 | $64,300 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.43% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in South Carolina · part of the Gaffney metro area.
South Carolina counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Clarendon County | $187,053 | -3.9% | 0.56% |
| Chesterfield County | $185,129 | +4.6% | 0.42% |
| Fairfield County | $194,708 | +3.8% | 0.51% |
| Sumter County | $203,810 | +2.0% | 0.53% |
| Florence County | $204,585 | +4.0% | 0.42% |
| Greenwood County | $174,626 | +0.2% | 0.53% |
| Barnwell County | $172,893 | +0.3% | 0.73% |
| Saluda County | $207,445 | +2.9% | 0.51% |
| Darlington County | $170,906 | +10.4% | 0.41% |
| Calhoun County | $209,607 | +4.9% | 0.41% |
Frequently asked questions
What is the average home price in Cherokee County, SC?
The typical home value in Cherokee County is $189,612 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Cherokee County?
About $50,700 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Cherokee County?
The median effective rate is 0.43% of home value a year (Census ACS 2024 5-year estimates).