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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
Balanced Market
March 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 March 2026. Source: Realtor.com.

The LAKE CITY, SC real estate market (29560) currently shows 38 active listings, with 4 pending sales. Homes are averaging 95 days on the market before going under contract.

Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.

Homes are selling faster, averaging 95 days on market compared to 105 days last year.

The median listing price has fallen 23.5% year-over-year, from $232,000 to $177,500.

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
38
⇧ 18.8% vs 32 last year
Pending
4
11% pending ratio
Median Price
$177,500
⇩ 23.5% vs $232,000 last year
Average Price
$376,257
⇩ 35.8% vs $586,081 last year
Days on Market
95
⇩ 9.5% vs 105 days last year

Price Per Square Foot

Median $/sqft
$106
vs $106/sqft last year
Median Home Size
1,604 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 38 this year vs 32 last year
  • Days on market: 95 now vs 105 last year

Median & Average Pricing

Year over Year
  • Median: $177,500 (-23.5% YoY)
  • Average: $376,257 (-35.8% 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 28.8 miles — 700 listings ($224,028,694 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
29560Lake City, SC 295600.0 mi37$12,504,446$179,250$337,958
29591Scranton, SC 295917.2 mi6$1,190,796$196,224$198,466
29556Kingstree, SC 2955611.6 mi32$7,496,576$174,250$234,268
29583Pamplico, SC 2958313.9 mi14$3,229,926$214,700$230,709
29541Effingham, SC 2954115.9 mi22$5,806,108$225,000$263,914
29555Johnsonville, SC 2955516.4 mi19$4,473,132$179,375$235,428
29505Florence, SC 2950520.2 mi144$41,151,744$279,878$285,776
29161Timmonsville, SC 2916121.7 mi24$7,266,672$231,225$302,778
29080Lynchburg, SC 2908022.9 mi4$844,452$159,975$211,113
29001Alcolu, SC 2900124.7 mi2$600,000$300,000$300,000
29501Florence, SC 2950125.9 mi275$99,762,025$299,475$362,771
29510Andrews, SC 2951027.6 mi22$5,905,306$204,175$268,423
29102Manning, SC 2910228.8 mi99$33,797,511$277,450$341,389

Frequently Asked Questions

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

As of March 2026, there are 38 active listings in LAKE CITY, SC (zip code 29560), compared to 32 the prior year.

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

The median listing price in LAKE CITY, SC 29560 is $177,500 as of March 2026, a 23.5% decrease from $232,000 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 95 days on the market before going under contract, compared to 105 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 March 2026, LAKE CITY, SC 29560 is currently a Balanced Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are selling faster, averaging 95 days on market compared to 105 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 $3,550 compared to a typical 5% commission on the median listing price of $177,500. 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.