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Thanks to low mortgage rates, it's an excellent time to buy or sell a home across the U.S. But what about in South Carolina?

Is the state's housing market too pricey for buyers? Not-so-great if you've got a home you want to sell? Or just right — for everybody?

Home values provide some answers. They indicate that the market in South Carolina is heating up, according to Zillow, though you might find vast differences from one city or one corner of the state to the next.

Current home values in South Carolina

Home values have been rising throughout South Carolina and are up 5.93% from a year ago.

Statewide, the median value for a single-family home — meaning half are worth more, half are worth less — is currently $169,800 , Zillow says.

Could you afford that? Let's say you want to buy that mid-priced home using a 30-year fixed-rate mortgage at this week's average interest rate, which is a low 3.69%, says mortgage company Freddie Mac.

With the 30-year mortgage rate at 3.69% and the median home price for South Carolina at $169,800 , a representative monthly mortgage payment would be $780.60.

How the South Carolina housing market stacks up

Charleston, South Carolina, USA at the historic homes on The Battery.
Sean Pavone / Shutterstock
Charleston, South Carolina, USA at the historic homes on The Battery.

Property values in South Carolina are high by historical standards and are lower than what the typical house is worth nationwide.

The median home value throughout the U.S. is $229,600, which is up 4.88% from a year ago.

Zillow predicts U.S. home values will rise 2.2% over the next year, while in South Carolina, they're expected to rise 2.98%.

Homes are going on the market in South Carolina at a median price of $109 per square foot, versus $155 per square foot nationwide.

Are you looking to buy? Take a look at today's best mortgage rates where you live.

South Carolina home prices over the last 10 years

Year Avg. Price
2019* $168,513
2018 $160,333
2017 $149,792
2016 $139,008
2015 $130,125
2014 $126,692
2013 $123,775
2012 $121,850
2011 $123,300
2010 $129,983
2009 $133,000

*2019 price average through August 2019.

How much for an average-sized home?

Here's what a 2,500-square-foot home in South Carolina is worth now, and how that's changed over the last decade, based on the Zillow Home Value Index.

Year Avg. Price
2019* $272,500
2018 $257,500
2017 $245,000
2016 $225,000
2015 $210,000
2014 $205,000
2013 $202,500
2012 $197,500
2011 $202,500
2010 $212,500
2009 $215,000

*2019 price average through August 2019.