Market Overview
Home Prices in Hemingway, SC
The median home value in Hemingway, SC is $125,057 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 4.4% compared to a year ago and up 6.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Hemingway are priced69% below average. Hemingway is part of the Georgetown, SC metro area.
Over the past five years, Hemingway home values have risen by approximately51.1%, reflecting strong long-term appreciation in this market.
Price History
Hemingway Home Price Trend
City Comparison
Hemingway vs. National Median
At $125,057, homes in Hemingway cost 69% below the national median of $410,000. This makes Hemingway a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Hemingway?
20% Down Payment
$25,011
on $125,057
Monthly P&I
$652/mo
30-yr @ 6.8%
Total Monthly Est.
~$828/mo
incl. taxes & insurance
Income Needed
$33,120
gross annual (30% rule)
10% Down Option
$12,506
+ PMI applies
Loan Amount (20% dn)
$100,046
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 Hemingway, SC?
The median home value in Hemingway is $125,057 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 4.4% year-over-year.
How much have home prices changed in Hemingway?
Over the past year, home values in Hemingway have decreased by 4.4%. Over five years, prices have risen approximately 51.1%.
How much do I need to earn to buy a home in Hemingway?
To comfortably afford the median home price of $125,057 with a 20% down payment ($25,011) at today's rates (6.8%), you'd need a gross annual income of approximately $33,120. This assumes keeping total housing costs at or below 30% of gross income.
How does Hemingway compare to the national average home price?
The national median home value is approximately $410,000. At $125,057, homes in Hemingway are 69% below the national average.
What metro area is Hemingway part of?
Hemingway is part of the Georgetown, SC metropolitan area. Home prices and market conditions can vary across the broader metro region.