Market Overview
Home Prices in Cowpens, SC
The median home value in Cowpens, SC is $207,672 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.9% compared to a year ago and down 0.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Cowpens are priced49% below average. Cowpens is part of the Gaffney, SC metro area.
Over the past five years, Cowpens home values have risen by approximately25.1%, reflecting strong long-term appreciation in this market.
Price History
Cowpens Home Price Trend
City Comparison
Cowpens vs. National Median
At $207,672, homes in Cowpens cost 49% below the national median of $410,000. This makes Cowpens a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Cowpens?
20% Down Payment
$41,534
on $207,672
Monthly P&I
$1,083/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,375/mo
incl. taxes & insurance
Income Needed
$55,000
gross annual (30% rule)
10% Down Option
$20,767
+ PMI applies
Loan Amount (20% dn)
$166,138
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Cowpens, SC?
The median home value in Cowpens is $207,672 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.9% year-over-year.
How much have home prices changed in Cowpens?
Over the past year, home values in Cowpens have increased by 1.9%. Over five years, prices have risen approximately 25.1%.
How much do I need to earn to buy a home in Cowpens?
To comfortably afford the median home price of $207,672 with a 20% down payment ($41,534) at today's rates (6.8%), you'd need a gross annual income of approximately $55,000. This assumes keeping total housing costs at or below 30% of gross income.
How does Cowpens compare to the national average home price?
The national median home value is approximately $410,000. At $207,672, homes in Cowpens are 49% below the national average.
What metro area is Cowpens part of?
Cowpens is part of the Gaffney, SC metropolitan area. Home prices and market conditions can vary across the broader metro region.