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Area data

Gaffney, SC — ZIP 29340

Population: 20,763 (Census ACS)

Home values & appreciation

Median home value
$165,226
1-year appreciation
-4.7%
3-year appreciation
-11.5%
5-year appreciation
-5.3%
10-year appreciation
+43.4%
All-time peak (2023-06)
$187,278
House Price Index
444.0 (+2.0% YoY)

Market activity

Median sale price
$170,850
Median list price
$214,900
Median days on market
55 days
Sale-to-list ratio
95.2%
Active listings
64
1-year forecast
-2.7%
Days to pending
60 days
New listings (monthly)
14

Rents

Typical rent
$1,235/mo
1BR fair-market rent
$1,117/mo
3BR fair-market rent
$1,681/mo

Affordability

Cost of living index (Below Average)
90.5 (100 = US avg)
Electricity rate (state-level)
15.0¢/kWh
Natural gas rate (state-level)
$16.90/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
5
Elementary schools
3
Middle schools
2
High schools
0
Charter schools
1

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
iceStorm, coldWave, lightning, strongWind, tornado
FEMA flood zone
B
Flood risk level
Moderate

Climate (30-year normals)

Average annual temperature
59.0°F
Average high
71.0°F
Average low
46.0°F
Annual precipitation
45.3 in

Walkability & transit

Walkability index
4.0 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
4
Nearest national park
Kings Mountain National Military Park (16 mi)
Nearest airport
Turner Field (17 mi)
Hospitals nearby (~15 mi)
1
Avg hospital rating
2.0 / 5
Solar radiation rating
Good (4.5 kWh/m²/day)

Migration

Net migration
+186 tax filers

Housing stock

Median year housing built
1,978
Median annual property tax
$515
Mean commute to work
24 min
Households with broadband internet
57.5%

Employment & development

Total county employment
16,700
Average weekly wage
$853
Top industries (by employment)
Accommodation & Food, Administrative Services, Health Care
Annual residential building permits (county)
203

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents