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Kelley Heights Kennedy Park Martha Law Estates Palmetto Estates Wedgefield Wren Village

LAKE CITY, SC 29560

Real Estate Market Report  ·  Florence County
Buyer's Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 29560

Kelley Heights · Kennedy Park · Martha Law Estates · Palmetto Estates · Wedgefield · Wren Village

Market Analysis

Data as of February 2026. Source: Realtor.com.

The LAKE CITY, SC real estate market (29560) currently shows 37 active listings, with 4 pending sales. Homes are averaging 98 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 98 days on market compared to 88 days last year.

The median listing price has fallen 23.5% year-over-year, from $234,250 to $179,250.

Whether you are buying or selling in LAKE CITY, SC, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 12,073  ·  Density: 28.3/mi²  ·  Median household income: $49,141

Typical home value: $99,095  ·  Homeownership: 59.0%

Market Overview

Active Listings
37
⇧ 5.7% vs 35 last year
Pending
4
11% pending ratio
Median Price
$179,250
⇩ 23.5% vs $234,250 last year
Average Price
$337,958
⇩ 35.3% vs $522,044 last year
Days on Market
98
⇧ 11.4% vs 88 days last year

Price Per Square Foot

Median $/sqft
$108
⇧ 2.9% vs $105/sqft last year
Median Home Size
1,590 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 37 this year vs 35 last year
  • Days on market: 98 now vs 88 last year

Median & Average Pricing

Year over Year
  • Median: $179,250 (-23.5% YoY)
  • Average: $337,958 (-35.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 28.0 miles — 386 listings ($101,155,117 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
29560Lake City, SC 295600.0 mi34$10,239,304$169,999$301,156
29591Scranton, SC 295917.2 mi6$1,312,560$199,999$218,760
29556Kingstree, SC 2955611.6 mi28$7,264,404$187,450$259,443
29583Pamplico, SC 2958313.9 mi11$2,525,688$210,000$229,608
29541Effingham, SC 2954115.9 mi17$4,503,657$225,000$264,921
29555Johnsonville, SC 2955516.4 mi13$3,246,971$209,000$249,767
29505Florence, SC 2950520.2 mi126$36,377,712$274,000$288,712
29051Gable, SC 2905121.6 mi1$210,000$210,000$210,000
29554Hemingway, SC 2955422.7 mi13$2,910,921$142,800$223,917
29546Gresham, SC 2954623.0 mi1$228,000$228,000$228,000
29564Lane, SC 2956425.5 mi1$339,000$339,000$339,000
29506Florence, SC 2950626.6 mi65$15,174,640$224,450$233,456
29571Marion, SC 2957128.0 mi70$16,822,260$234,997$240,318

Frequently Asked Questions

How many homes are for sale in LAKE CITY, SC 29560?

As of February 2026, there are 37 active listings in LAKE CITY, SC (zip code 29560), compared to 35 the prior year.

What is the median home price in LAKE CITY, SC 29560?

The median listing price in LAKE CITY, SC 29560 is $179,250 as of February 2026, a 23.5% decrease from $234,250 the prior year.

How long do homes stay on the market in LAKE CITY, SC?

Homes in LAKE CITY, SC 29560 spend an average of 98 days on the market before going under contract, compared to 88 days the prior year.

Is it a seller's or buyer's market in LAKE CITY, SC 29560?

Based on current inventory and days-on-market data as of February 2026, LAKE CITY, SC 29560 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 98 days on market compared to 88 days last year.

How much can I save on real estate commission in LAKE CITY, SC?

With SELL123.com's maximum 3% commission, sellers in LAKE CITY, SC 29560 save an estimated $3,585 compared to a typical 5% commission on the median listing price of $179,250. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.