Cheraw, SC housing market
The typical Cheraw home is worth about $167,000, up 2.7% in a year, 45% below the South Carolina typical home.
Home values, sales, trends and how Cheraw compares with the towns next door — updated as new data is published.
Cheraw at a glance
Typical home value, 2016–2026
Show as a table
| January | Cheraw | South Carolina |
|---|---|---|
| 2017 | $115,000 | $171,000 |
| 2018 | $117,000 | $180,000 |
| 2019 | $123,000 | $190,000 |
| 2020 | $126,000 | $201,000 |
| 2021 | $135,000 | $222,000 |
| 2022 | $165,000 | $260,000 |
| 2023 | $174,000 | $291,000 |
| 2024 | $168,000 | $301,000 |
| 2025 | $172,000 | $306,000 |
| 2026 | $163,000 | $305,000 |
| August 2026 | $167,000 | $306,000 |
No new homes permitted in 2025
No permits for new homes were issued in Cheraw in 2025. The last year with any was 2024 (2 new homes).
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Cheraw's population fell by 811 even though 56 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. Across South Carolina: 1.8 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 0 | 0 | 0 | — |
| 2024 | 2 | 2 | 0 | $268,000 |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 4 | 4 | 0 | $811,000 |
| 2021 | 2 | 2 | 0 | $514,000 |
| 2020 | 5 | 1 | 4 | $310,000 |
| 2019 | 40 | 5 | 35 | $4.6 million |
| 2018 | 1 | 1 | 0 | $400,000 |
| 2017 | 5 | 5 | 0 | $861,000 |
| 2016 | 1 | 1 | 0 | $123,000 |
| 2015 | 1 | 1 | 0 | $153,000 |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 2 | 2 | 0 | $678,000 |
| 2012 | 2 | 2 | 0 | $630,000 |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 4 | 0 | 4 | $120,000 |
| 2009 | 2 | 0 | 2 | $60,000 |
| 2008 | 1 | 1 | 0 | $189,000 |
| 2007 | 0 | 0 | 0 | — |
| 2006 | 3 | 3 | 0 | $590,000 |
| 2005 | 3 | 3 | 0 | $365,000 |
| 2004 | 26 | 2 | 24 | $1.9 million |
| 2003 | 2 | 2 | 0 | $402,000 |
| 2002 | 2 | 2 | 0 | $114,000 |
| 2001 | 18 | 6 | 12 | $1.5 million |
| 2000 | 3 | 3 | 0 | $195,000 |
How Cheraw ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
6.3 years of income
The typical Cheraw home costs about 6.3 years of the town's median household income, more than across South Carolina (4.4 years).
How Cheraw ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $980
HUD's Fair Market Rent for a two-bedroom in Cheraw is $980 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Cheraw pay a median of $800, so moving in tends to cost more than staying put. A two-bedroom takes about 44% of the town's median household income, above the 30% guideline for affordable housing.
Studio $740 · 4 bedrooms $1,400
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (29520; Chesterfield County, SC), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Recent listings in Cheraw
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.