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Gaffney, SC
Full City Profile · South Carolina · Cherokee County County
2.8
/5.0
C+
Fair
12,612
Population
1,391/sq mi density
$41,214
Median Income
$22,523 per capita
$141,100
Home Value
$179,738 Zillow
$822
Median Rent
27.5% income on rent
59°F
Avg Temperature
301 sunny days/yr
814
Violent Crime/100K
5,851 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.5 / 5.0
$41,214 median income, 6.2% unemployment
A+
Affordability
4.8 / 5.0
$141,100 home value, $822/mo rent
F
Safety
1.0 / 5.0
814 violent crimes/100K (114% above avg)
C+
Education
2.7 / 5.0
21.8% bachelor's degree or higher
Housing Overview
Median Home Value
$141,100
50% below
US avg: $281,900
Median Rent
$822/mo
29% below
US avg: $1,163/mo
Homeownership Rate
54.2%
17% below US avg (65.4%)
Total Housing Units
5,523
Median year built: 1973
Home Value by Source
Census Median
$141,100
Zillow (ZHVI)
$179,738
Median Sale Price
$155,000
Median List Price
$196,450
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
54.2%
Owner-Occupied
45.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$928/mo
1 Bedroom
$982/mo
2 Bedroom
$1,155/mo
3 Bedroom
$1,450/mo
4 Bedroom
$1,699/mo
Census median rent:
$822/mo
· Zillow rent:
$971/mo
Market Indicators (Redfin)
Median Days on Market
73 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
13
Price Drops
24.1%
of listings with price reduction
Price Per Sq Ft
$118
Active Inventory
58
homes for sale
Affordability & Housing Stock
Rent Burden
27.5%
of renters spending 30%+ of income on housing
11% below US avg (31.0%)
Median Year Built
1973
Average age of housing stock: 53 years
Homeownership Rate
54.2%
Complete Housing Data
Home Values
| Census Median Value | $141,100 |
| Zillow Home Value (ZHVI) | $179,738 |
| Median Sale Price | $155,000 |
| Median List Price | $196,450 |
| Price Per Sq Ft | $118 |
Rent
| Census Median Rent | $822 |
| Zillow Rent (ZORI) | $971 |
| FMR Studio | $928 |
| FMR 1-Bedroom | $982 |
| FMR 2-Bedroom | $1,155 |
| FMR 3-Bedroom | $1,450 |
| FMR 4-Bedroom | $1,699 |
Market
| Days on Market | 73 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 24.1% |
| Homes Sold | 13 |
| Active Inventory | 58 |
| Price Per Sq Ft | $118 |
Ownership & Stock
| Owner-Occupied | 54.2% |
| Renter-Occupied | 45.8% |
| Homeownership Rate | 54.2% |
| Total Housing Units | 5,523 |
| Median Year Built | 1973 |
| Rent Burden | 27.5% |