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Affordable
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These days, finding an affordable place to live in the Panola area can be challenging. Home prices in Panola are now at a median cost of $100,862, lower than the South Carolina average of $296,593.
The average cost of rent is $856/mo in Panola, primarily driven by the current value of real estate in the Panola area. In Panola, 22.70% of households rent, and 77.45% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Panola is $6,408 per month. Households that rent pay about 13.35% of their income on rent here. Panola’s most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Silver, SC: equally priced homes
- Rimini, SC: less expensive homes
- Pinewood, SC: equally priced homes
- St. Paul, SC: higher priced homes
- Summerton, SC: higher priced homes
- Paxville, SC: equally priced homes
- Lone Star, SC: higher priced homes
- Davis Station, SC: equally priced homes
- Manning, SC: higher priced homes
- Felderville, SC: higher priced homes
Cities with Similar Populations
- Lima, MT: higher priced homes
- Leeds, SC: higher priced homes
- Lees, TX: higher priced homes
- Lenna, OK: higher priced homes
- Lenorah, TX: higher priced homes
- Leon, MD: higher priced homes
- Leonia, FL: less expensive homes
- Lequire, OK: equally priced homes
- Lessie, FL: higher priced homes
- Lewis, SC: higher priced homes
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