Cheraw, South Carolina.
Typical home $162,797 (+3.6% in a year).
to buy the typical home at today's mortgage rate — +$405 (+90%) since Jan 2020.
- 1 year
- Up $5,669 +4%
- $157,128$162,797 since Sep 2025
- 5 years
- Up $8,127 +5%
- $154,670$162,797 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Cheraw$854
- South Carolina$1,597
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 68 years.
Typical home values in Cheraw, SC rose 3.6% over the past year — faster than the nation's +1.2%.
Living in Cheraw, Chesterfield County, South Carolina
Cheraw is a town of 5,040 people in Chesterfield County. Half its households earn more than $26,689 a year and half less, against $49,235 across Chesterfield County; 37% of its people live below the poverty line. 48% of its homes are lived in by their owners and 52% are rented. Unemployment in Chesterfield County was 5.1% in August 2026, and the county had 3.1% fewer jobs in 2025 than the year before. The most people in Chesterfield County work in manufacturing, then schools and health care.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Cheraw is a small town in Chesterfield County, and incomes here run well below the county's. Fewer homes are lived in by their owners than in many places, and a good share of residents live below the poverty line. Winters are mild and short, with little or no snow, summers are hot, and the year brings a fair amount of rain.
Work. Many residents work in manufacturing, in schools, hospitals and social care, and in shops. Schaeffler Group USA, which makes needle roller bearings, McLeod Health-Cheraw, and Milliken and Company, a textile mill, are among the largest workplaces in town. Jobs across the county have been shrinking, and unemployment there is a little lower than a year ago. Commutes are short, and almost no one works from home.
Things to do. Cheraw State Park, a protected area, is a short drive away, as is the H. Cooper Black Jr. Memorial Field Trial and Recreation Area, another protected area. Kalmia Gardens, a botanical garden, is a longer drive away. Race fans can make the longer drive to Darlington Raceway.
Report a mistake
- 2,245households
- 20%of adults have a degree
- 37%below the poverty line
- 14 mintypical commute
- 2%work from home
What people in Chesterfield County work in
Employed residents by industry, from the Census survey. Chesterfield County had 13,763 jobs in 2025, 3.1% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 54° and lows near 31°; warmest in July, with highs near 90° and lows near 70°. About 49 inches of rain a year, and little or no snow.
Average daily high and low, 1991–2020, at the Cheraw weather station, 2 miles away (NOAA).
Largest workplaces in Cheraw
- Schaeffler Group USA Inc. - Plant 1Needle roller bearings manufacturing805
- McLeod Health-CherawHospitals, general medical and surgical369
- Milliken and CompanyTextile broadwoven fabrics mills300
- WalmartWarehouse clubs and supercenters270
- rehabilitation center ofSkilled nursing facilities215
- AmericasManufacturing of 2 piece beverage containers200
- Moffat Op CoSkilled nursing facilities118
- Floco FoodsGrocery stores47
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 10 workplaces with 20 or more staff, 2,374 people in all. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- LightningRelatively high
- Strong windRelatively high
- HurricanesRelatively high
- TornadoesRelatively high
- Ice stormsRelatively moderate
- HailRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Cheraw’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Chesterfield County.
Cheraw home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Cheraw$162,797
- South Carolina$304,319
- United States$366,157
Sellers are cutting prices on about 1 in 4 Cheraw listings — the market is cooling.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Cheraw25.41%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Cheraw60
New listings per month
Sellers arriving at the market.
- Cheraw9
Zip codes with a Cheraw address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Cheraw — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.