29341 — Cherokee County, South Carolina Market Snapshot
Housing market data for zip code 29341 in Cherokee County, South Carolina. Updated monthly with median prices, days on market, and more.
Market Sales Data
47 sales in 2026 (year to date)
Median Sale Price
$289,900
Days to Sell
66
Homes Sold
47
Inventory
77
Sale-to-List
99.0%
New Listings
66
Price/SqFt
$169
Pending Sales
66
Conforming Loan Available
Most homebuyers in 29341 can comfortably use conventional financing. The median home price of $289,900 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
With homes sitting for 66 days on average, 29341 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Sale-to-List Ratio
Homes are selling very close to asking price in 29341 (99.0% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 29341 can comfortably use conventional financing. The median home price of $289,900 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 29341 are set at the county level.
2026 Loan Limits — Cherokee County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 29341
To purchase the median home at $289,900 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,371.
Monthly Payment
$2,371
Income Required
$101,619
Principal & Interest
$1,786/mo
Down Payment (5%)
$14,495
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 29341.
Estimated Monthly Payment
$1,944
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