Great Falls, SC housing market
The typical Great Falls home is worth about $144,000, down 2.2% in a year, 53% below the South Carolina typical home.
Home values, sales, trends and how Great Falls compares with the towns next door — updated as new data is published.
Great Falls at a glance
Only 2 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Great Falls | South Carolina |
|---|---|---|
| 2017 | $86,000 | $171,000 |
| 2018 | $91,000 | $180,000 |
| 2019 | $86,000 | $190,000 |
| 2020 | $87,000 | $201,000 |
| 2021 | $97,000 | $222,000 |
| 2022 | $122,000 | $260,000 |
| 2023 | $131,000 | $291,000 |
| 2024 | $137,000 | $301,000 |
| 2025 | $143,000 | $306,000 |
| 2026 | $142,000 | $305,000 |
| August 2026 | $144,000 | $306,000 |
4.7 years of income
The typical Great Falls home costs about 4.7 years of the town's median household income, more than across South Carolina (4.4 years).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,170
HUD's Fair Market Rent for a two-bedroom in Great Falls is $1,170 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Great Falls pay a median of $867, so moving in tends to cost more than staying put. A two-bedroom takes about 46% of the town's median household income, above the 30% guideline for affordable housing.
Studio $960 · 4 bedrooms $1,800
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (29055; Chester County, SC HUD Metro FMR Area), 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 Great Falls
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.