Area data
Gaffney, SC — ZIP 29340
Population: 20,763 (Census ACS)
The median home value in ZIP 29340 (Gaffney, SC) is $165,226 — down 4.7% over the past year. Homes sell for a median $170,850 after a median 55 days on market. Typical rent runs $1,235/month. 5 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Low, with icestorm, coldwave, lightning the top-rated hazards. Cost of living is 9.5% below the US average (BEA, metro/state-level).
$165,226
Median home value
-4.7%
1-year change
55
Median days on market
Relatively Low
Hazard risk (county)
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 (state)
- 444.0 (+2.0% YoY)
Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)
Market activity
- Median sale price
- $170,850
- Median list price
- $214,900
- Median price per sqft
- $138
- 1-year sale-price change
- -13.3%
- Median days on market
- 55 days
- Homes sold (recent period)
- 45
- For-sale inventory
- 78
- Sale-to-list ratio
- 95.2%
- Active listings
- 64
- 1-year forecast
- -2.7%
- Days to pending
- 60 days
- New listings (monthly)
- 14
Source: recent area sales and market data (ZIP-level)
Rents
- Typical rent
- $1,235/mo
- Studio fair-market rent
- $894/mo
- 1BR fair-market rent
- $1,117/mo
- 2BR fair-market rent
- $1,293/mo
- 3BR fair-market rent
- $1,681/mo
- 4BR fair-market rent
- $1,939/mo
Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)
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%
Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)
Schools
- Total schools
- 5
- Elementary schools
- 3
- Middle schools
- 2
- High schools
- 0
- Charter schools
- 1
- School districts serving the area
- Cherokee 01, Charter Institute at Erskine
- Schools include
- Corinth Elementary, Draytonville Elementary, John E. Ewing Middle, Gaffney Middle, Cherokee Charter School
Source: NCES school directory, 2022-23 (school-address-based)
Natural hazards & flood risk
- Overall hazard risk (county)
- Relatively Low
- Top hazards (county)
- iceStorm, coldWave, lightning, strongWind, tornado
- Notable hazard ratings (county)
- coldWave: Relatively Moderate · drought: Relatively Low · earthquake: Relatively Low · hail: Relatively Low · heatWave: Relatively Low · hurricane: Relatively Low
- FEMA flood zone
- B
- Flood risk level
- Moderate
- Wildfire risk to homes (county)
- Higher than 48% of US counties
- Buildings in wildfire direct-exposure zone
- 80.5%
- Radon potential (county)
- Moderate radon potential — EPA Zone 2 of 3
- EPA Superfund (NPL) sites within 5 mi
- 1
- Nearest Superfund site
- Medley Farm Drum Dump (4.7 mi)
Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL
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
- USDA plant hardiness zone
- 8a (extreme annual low 10 to 15°F)
Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)
Walkability & transit
- Walkability index
- 4.0 / 20
- Transit service frequency
- -99,999
- Jobs reachable by car (30 min)
- 8,103
- Jobs reachable by transit (45 min)
- 8,832
Source: EPA Smart Location Database (metropolitan block groups)
Amenities
- National parks within ~60 mi
- 4
- Nearest national park
- Kings Mountain National Military Park (16 mi)
- National parks include
- Kings Mountain National Military Park, Overmountain Victory National Historic Trail, Cowpens National Battlefield
- Airports within 30 mi
- 21
- Nearest airport
- Turner Field (17 mi)
- Hospitals nearby (~15 mi)
- 1
- Hospitals include
- CHEROKEE MEDICAL CENTER
- Avg hospital rating (CMS)
- 2.0 / 5
- Best hospital rating nearby (CMS)
- 2.0 / 5
- Solar radiation rating
- Good (4.5 kWh/m²/day)
Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)
Migration
- Net migration (county)
- +186 tax filers
Source: IRS county-to-county migration data (county-level, ~12-month lag)
Housing stock
- Median year housing built
- 1,978
- Housing built before 1970
- 34.6%
- Housing built 2000 or later
- 16.4%
- Median annual property tax
- $515
- Mean commute to work
- 24 min
- Households with broadband internet
- 57.5%
Source: Census ACS 5-year estimates (ZIP-level)
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
Sources: BLS QCEW (county-level) · Census Building Permits (county-level)
How it compares
| ZIP 29340 | State median | US median | |
|---|---|---|---|
| Median home value | $165,226 | $229,480 | $289,727 |
| Median sale price | $170,850 | $290,675 | $325,000 |
| Median days on market | 55 days | 80 days | 51 days |
| Typical rent | $1,235/mo | $1,650/mo | $1,808/mo |
| Median annual property tax | $515 | $845 | $2,006 |
State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.
Area data compiled from public government, academic, and industry research feeds. Data sources →
Common questions
- What is the median home value in ZIP 29340?
- $165,226.
- What is the median sale price in ZIP 29340?
- $170,850.
- How long do homes take to sell in ZIP 29340?
- Median days on market: 55 days.
- What is typical rent in ZIP 29340?
- Typical rent: $1,235/month.
- What is the natural-hazard risk in ZIP 29340?
- Overall risk: Relatively Low (FEMA NRI, county-level). Top hazards: iceStorm, coldWave, lightning, strongWind, tornado.
- Is ZIP 29340 in a flood zone?
- Moderate (FEMA NFIP). FEMA flood zone B.
- What is the wildfire risk in ZIP 29340?
- Risk to homes is higher than 48% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
- What is the radon potential in ZIP 29340?
- Moderate radon potential — EPA Zone 2 of 3, county-level. EPA recommends testing every home regardless of zone.
- Are there Superfund sites near ZIP 29340?
- 1 current or proposed National Priorities List site within 5 miles (EPA). Nearest site: Medley Farm Drum Dump, 4.7 mi.
- How many schools serve ZIP 29340?
- 5 schools (3 elementary, 2 middle) (NCES, 2022-23).
- Is ZIP 29340 walkable?
- Walkability index: 4.0/20 (EPA Smart Location Database).
- What is the cost of living in ZIP 29340?
- Regional Price Parity: 90.5 (100 = US average) (Below Average) (BEA RPP, metro/state-level).
Nearby ZIP codes
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Data last updated
Most recent source refresh: Sep 2026. See all data sources →