Good Investment

Home appreciation in Florence, SC

Over the five years ending 2025, home prices in Florence, SC grew an average of 8.4% a year.

Price growth at a glance

1-year

+6.5%

2025 over 2024. South Carolina: +4.9%.

5-year, per year

+8.4%

Average annual growth, 2020 to 2025. South Carolina: +10.7%.

10-year, per year

+5.5%

+71.3% in total since 2015. South Carolina: +8.0%.

How does your home compare?

Florence, SC home prices rose 71.3% over the ten years to 2025, while its ZIP codes ranged from +62.9% to +101.2%. Look up your home to see where it ranks among the homes around it.

Your first analysis is free.

A model-generated estimate and analytical context, not investment advice. Investing? Score any property free

How Florence, SC compares with South Carolina

South Carolina averaged +10.7% a year, putting Florence, SC behind the state overall. For five-year price growth, Florence, SC ranks 268th out of 409 metros nationwide and 8th out of 8 in South Carolina.

Index, 2005 = 100

Florence, SC and South Carolina, quarterly house price index rebased to 100 in 2005.
YearFlorence, SCSouth Carolina
2005 Q1100100
2005 Q2101102
2005 Q3103104
2005 Q4103107
2006 Q1103108
2006 Q2106110
2006 Q3105112
2006 Q4108114
2007 Q1109115
2007 Q2110116
2007 Q3109116
2007 Q4110117
2008 Q1112118
2008 Q2112117
2008 Q3111115
2008 Q4112116
2009 Q1113117
2009 Q2112116
2009 Q3110112
2009 Q4110111
2010 Q1108109
2010 Q2109108
2010 Q3110109
2010 Q4109108
2011 Q1106106
2011 Q2104103
2011 Q3107104
2011 Q4106105
2012 Q1105103
2012 Q2107103
2012 Q3108103
2012 Q4107103
2013 Q1106103
2013 Q2107104
2013 Q3106104
2013 Q4107104
2014 Q1104104
2014 Q2107106
2014 Q3107107
2014 Q4109108
2015 Q1108110
2015 Q2109111
2015 Q3110112
2015 Q4107113
2016 Q1110114
2016 Q2110116
2016 Q3113119
2016 Q4112119
2017 Q1112120
2017 Q2113122
2017 Q3114125
2017 Q4112125
2018 Q1115128
2018 Q2115130
2018 Q3115131
2018 Q4114132
2019 Q1113134
2019 Q2116137
2019 Q3120138
2019 Q4119140
2020 Q1122142
2020 Q2125143
2020 Q3124145
2020 Q4127148
2021 Q1128152
2021 Q2131160
2021 Q3139169
2021 Q4147177
2022 Q1145185
2022 Q2155197
2022 Q3164204
2022 Q4162206
2023 Q1161207
2023 Q2162213
2023 Q3174219
2023 Q4168221
2024 Q1166223
2024 Q2174229
2024 Q3178231
2024 Q4180233
2025 Q1186237
2025 Q2178239
2025 Q3191242
2025 Q4188243
2026 Q1191245
2026 Q2190248

Chart through 2026 Q2. Annual growth figures through 2025.

Growth was stronger over the last five years than over the full decade: +5.5% a year over ten years, +71.3% in total.

Over this history, home prices peaked in 2008, fell 5.6% to its 2011 low, and regained the 2008 level in 2017.

The strongest year was 2022 at +15.0%, and the weakest was 2011 at -3.0%.

In 2025 alone the index moved +6.5%, against +4.9% for the state.

ZIP codes in Florence, SC

Over the ten years to 2025, the 8 ZIP codes FHFA measures in this metro ranged from +62.9% in 29532 to +101.2% in 29583, while the metro as a whole rose 71.3%.

ZIP codes in Florence, SC ranked by 10-year home-price change through 2025 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
29583+32.4%+9.2%+7.2%+101.2%
29541+15.4%+12.7%+7.2%+99.5%
29506+7.6%+9.4%+6.0%+79.5%
29560+11.7%+9.3%+6.0%+78.8%
29505+6.1%+8.5%+5.8%+75.1%
29501+8.8%+8.0%+5.1%+64.3%
29550+5.4%+7.8%+5.1%+64.0%
29532+4.5%+7.5%+5.0%+62.9%

What a home report shows

Enter an address and you get a score out of 10 for how the home ranks on appreciation potential against comparable homes in its market, with the nearby sales behind it. Here is one saved report.

Example report · saved October 14, 2026

165 N Canal St, Apt 1205, Chicago, IL 60606

Appreciation score

4.1 / 10

Around the median

Where it ranks

Ranks above about 41% of comparable homes in Chicago, IL for appreciation potential.

Price against nearby sales

Priced below most nearby sales, at $300 per square foot across 6 comparable sales.

Read the full example report

Year by year

Annual house price index for Florence, SC and South Carolina, 2005 = 100 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
2005100.0—100.0
2006104.0+4.0%107.6
2007107.8+3.7%112.4
2008110.2+2.2%113.1
2009109.5-0.7%110.4
2010107.2-2.0%105.4
2011104.0-3.0%101.1
2012105.2+1.1%100.0
2013104.8-0.3%100.4
2014105.1+0.3%102.7
2015106.8+1.6%107.9
2016109.3+2.3%113.3
2017110.8+1.4%119.4
2018113.2+2.2%126.3
2019115.0+1.6%132.9
2020122.1+6.2%140.1
2021134.1+9.8%159.6
2022154.2+15.0%192.1
2023163.7+6.1%208.3
2024171.7+4.9%221.9
2025182.9+6.5%232.8

The 8 measured metros in South Carolina

Measured metros in South Carolina ranked by 5-year home-price appreciation through 2025 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
#
1Hilton Head Island-Bluffton-Port Royal, SC+5.9%+12.4%+8.8%
2Charleston-North Charleston, SC+4.6%+11.6%+9.0%
3Myrtle Beach-Conway-North Myrtle Beach, SC+4.6%+10.9%+7.9%
4Greenville-Anderson-Greer, SC+5.2%+10.8%+8.5%
5Spartanburg, SC+3.8%+10.7%+8.2%
6Columbia, SC+4.6%+10.1%+7.1%
7Sumter, SC+6.9%+8.9%+6.3%
8Florence, SC+6.5%+8.4%+5.5%

Source & method: Metro figures: FHFA quarterly all-transactions index for metropolitan statistical areas and metropolitan divisions, annualized as the mean of the four quarterly (NSA) values. State figures: FHFA quarterly all-transactions index, annualized as the mean of the four quarterly (NSA) values. The chart uses quarterly readings, with each series set to 100 in the first quarter of 2005. ZIP figures: FHFA annual five-digit ZIP index (developmental), ZIPs with sufficient transaction history. Missing years are reported as missing by FHFA and are not estimated. Each ZIP is placed in the metro that holds the county with most of its housing units. “5-yr /yr” and “10-yr /yr” are compound annual growth over the window ending 2025; all figures are nominal. Data published by the FHFA House Price Index; this edition compiled 2026-10-17. Educational data, not investment advice.

See the South Carolina row in the state rankings, the county rankings, and, for why one metro number hides so much, why two homes in the same ZIP code appreciate differently.

How does your home compare?

See how your home ranks against nearby homes. Your first analysis is free.

Look up your home

Investing? Score any property free

All metrosState rankings
Share

Measured FHFA data · chart through 2026 Q2