McCormick County, South Carolina home prices
Typical home $316,274 · +4.2% in a year · property tax 0.56%
The typical home in McCormick County is worth $316,274, 4% more than the South Carolina typical home ($304,319). Values changed +4.2% in the past year and +38.5% over five years. Homeowners here pay a median 0.56% of their home's value in property tax each year ($1,777 on the typical home), versus 0.45% statewide.
Mortgage on the typical McCormick County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $63,255 | $253,019 | $1,702 | $0 | $306 | $2,008 | $86,100 |
| 10% down | $31,627 | $284,647 | $1,915 | $119 | $306 | $2,340 | $100,300 |
| 5% down | $15,814 | $300,460 | $2,021 | $125 | $306 | $2,453 | $105,100 |
| 3.5% down (FHA) | $11,070 | $310,545 | $2,089 | $140 | $306 | $2,535 | $108,700 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.56% 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.
South Carolina counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Horry County | $319,809 | +0.4% | 0.33% |
| Pickens County | $307,321 | +2.5% | 0.37% |
| Greenville County | $336,744 | +1.6% | 0.51% |
| Oconee County | $287,580 | +2.3% | 0.38% |
| Anderson County | $287,369 | +1.2% | 0.45% |
| Dorchester County | $348,212 | -0.9% | 0.56% |
| Edgefield County | $277,600 | +1.5% | 0.43% |
| Spartanburg County | $274,874 | +1.1% | 0.55% |
| Lexington County | $271,722 | +1.6% | 0.49% |
| Kershaw County | $259,885 | +3.3% | 0.47% |
Frequently asked questions
What is the average home price in McCormick County, SC?
The typical home value in McCormick County is $316,274 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in McCormick County?
About $86,100 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in McCormick County?
The median effective rate is 0.56% of home value a year (Census ACS 2024 5-year estimates).