Colleton County, SC real estate

What the numbers say

Colleton County, SC real estate at a glance

By AstroCore · Realtor.com, US Census and Freddie Mac data

Homeowners in Colleton County pay a median of $900 a year in property taxes on a median home value of $162,500, an effective rate of about 0.55%. The South Carolina average is 0.48%, which makes Colleton County the #30 lowest-tax of 46 counties in the state with published tax data.

Renters pay a median of $949 a month, and $886 for a two-bedroom. At today's prices a typical home costs about 14 times a year's rent, which generally favors buying.

With 20% down and today's 7.24% average 30-year rate, the monthly payment on a $163,000 home here comes to about $1,029 including property tax and insurance. Lenders typically want that to be under 28% of income, which works out to roughly $44,000 a year (the median household here earns $51,114).