Heath Springs, SC—29058
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Heath Springs, SC
As of Oct '25, the median home price in Heath Springs, SC is $199,000, with a year-over-year change of -5.1%. This indicates that home prices in Heath Springs, SC are decreasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $199,000 | -5.1% |
| Single Family | $199,000 | -4.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $275,000 | 1.1% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Heath Springs, SC
As of July '25, Rentcast reports the average rent in Heath Springs, SC is $1,000, with a year-over-year rent change of -50.0%. Per bedroom, the median rent as of July '25 in Heath Springs, SC is 3-bedrooms: $1,000. The most common rental property sizes in Heath Springs, SC are 3-bedroom and 2-bedroom, accounting for 69.3% and 20.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,000 | $1,000 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,000 | $1,000 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Heath Springs, SC
As of Oct '25, Realtor.com reports that the median days on market for a home in Heath Springs, SC is 40. This is a increase of 57.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 36.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $328,000 | -2.0% |
Listing Count | 11 | -6.0% |
| Listings as % of Homes | 0.3% | -6.0% |
Days on Market | 40 | 57.0% |
Demographics — Heath Springs, SC
As of the latest ACS Survey released in 2023, Heath Springs, SC has a population of 5,790, which has increased by 24.0% over the past 5 years. Heath Springs, SC is a popular place for families, as children make up 29.1% of the population. The area has a poorly educated workforce, with 17.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,790 | 24.0% |
% Under 18 | 29.1% | 59.9% |
% Seniors | 14.6% | -21.1% |
% WFH | 7.3% | 942.9% |
% w/ College Degree | 17.2% | 60.7% |
As of the latest ACS Survey released in 2023, Heath Springs, SC is a predominantly white area, with 84.4% of the population identifying as white. The white population has grown by 37.9% in the last 5 years. The second most common race or ethnicity in Heath Springs, SC is black, making up 9.6% of the population. Foreign-born residents account for 1.3% of the population in Heath Springs, SC, and this percentage has increased by 225.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 84.4% | 37.9% |
% Black | 9.6% | -70.5% |
% Hispanic | 0.0% | N/A |
% Asian | 1.6% | 220.0% |
% Foreign Born | 1.3% | 225.0% |
Mortgage and Risk — Heath Springs, SC
According to HUD data as of 2023, there were 82 mortgage originations in Heath Springs, SC, of which 62.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Heath Springs, SC. Investor activity is low, as 0.0% of loans were by investors. 23.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 82 |
% Conventional Loans | 62.0% |
% Government Loans | 38.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 23.0% |
Loan Activity
Rentals and Section 8 — Heath Springs, SC
Heath Springs, SC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 49 |
Total Units Section 8 | 15 |
% Rentals under Section 8 | 3.5% |
% Occupied Section 8 | 85.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $830 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | $270 | $1,000 | $1,270 |
| 4 Bedroom | N/A | N/A | $1,400 |
Affordability — Heath Springs, SC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $199,000 |
| Median Household Income | $71,600 |