Fredonia, SC 29070 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Fredonia, SC—29070

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$252,000

1.0% YoY Growth

Household Income

$64,800

18.2% YoY Growth

Days on Market

53.0% Longer YoY

Home Price Forecast

2.8%

Median Rent

$2,000

6.2% YoY Growth

1-Bed Rent

$800

N/A

2-Bed Rent

$2,000

0.0% YoY Growth

3-Bed Rent

$3,050

22.0% YoY Growth

Home Price Trends — Fredonia, SC

As of Dec '25, the median home price in Fredonia, SC is $252,000, with a year-over-year change of -1.0%. This indicates that home prices in Fredonia, SC are flat. According to Zillow, the 1-year price projection is 2.8%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$252,000	-1.0%
Single Family	$252,000	-0.4%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Fredonia, SC

As of July '25, Rentcast reports the average rent in Fredonia, SC is $2,390, with a year-over-year rent change of 6.2%. Per bedroom, the median rent as of July '25 in Fredonia, SC is 1-bedrooms: $800, 2-bedrooms: $2,000, 3-bedrooms: $3,050, 4-bedrooms: $3,700. The most common rental property sizes in Fredonia, SC are 3-bedroom and 2-bedroom, accounting for 50.2% and 33.0% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,000	$2,390
Studio Rent	N/A	N/A
1 Bed Rent	$800	$800
2 Bed Rent	$2,000	$2,000
3 Bed Rent	$3,050	$3,050
4 Bed Rent	$3,700	$3,700

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% of Rental Stock

Studio

4.3%

1 Bedroom

2.6%

2 Bedrooms

33.0%

3 Bedrooms

50.2%

4 Bedrooms

5.0%

5+ Bedrooms

4.8%

Property Listings — Fredonia, SC

As of Dec '25, Realtor.com reports that the median days on market for a home in Fredonia, SC is 72. This is a increase of 25.0% 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 30.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$409,000	-26.0%
Listing Count	37	-1.0%
Listings as % of Homes	0.2%	-1.0%
Days on Market	98	53.0%

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Demographics — Fredonia, SC

As of the latest ACS Survey released in 2023, Fredonia, SC has a population of 15,500, which has decreased by -2.4% over the past 5 years. Fredonia, SC is a moderately popular place for families, as children make up 21.5% of the population. The area has a poorly educated workforce, with 18.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.7% reporting working from home.

Metric	Latest Census	YoY % Change
Population	15,500	-2.4%
% Under 18	21.5%	-4.4%
% Seniors	17.8%	4.7%
% WFH	7.7%	133.3%
% w/ College Degree	18.3%	5.8%

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As of the latest ACS Survey released in 2023, Fredonia, SC is a predominantly white area, with 76.3% of the population identifying as white. The white population has shrunk by 9.2% in the last 5 years. The second most common race or ethnicity in Fredonia, SC is black, making up 11.6% of the population. Foreign-born residents account for 4.0% of the population in Fredonia, SC, and this percentage has decreased by 2.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	76.3%	-9.2%
% Black	11.6%	38.1%
% Hispanic	6.7%	17.5%
% Asian	0.3%	0.0%
% Foreign Born	4.0%	-2.4%

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Mortgage and Risk — Fredonia, SC

According to HUD data as of 2023, there were 269 mortgage originations in Fredonia, SC, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Fredonia, SC. Investor activity is low, as 1.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	269
% Conventional Loans	71.0%
% Government Loans	29.0%
% Investor Loans	1.0%
% Second Loans	2.0%
% Cash Out Refinance	16.0%

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Rentals and Section 8 — Fredonia, SC

As of 2024, the percent of homes in Fredonia, SC under the Section 8 program is 6.2%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Fredonia, SC, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	66
Total Units Section 8	66
% Rentals under Section 8	6.2%
% Occupied Section 8	90.3%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$200	$800	$1,000
2 Bedroom	-$870	$2,000	$1,130
3 Bedroom	-$1,610	$3,050	$1,440
4 Bedroom	-$1,970	$3,700	$1,730

Fredonia, SC—29070

Key Metrics at a Glance

Home Price Trends — Fredonia, SC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Fredonia, SC

% of Rental Stock

Property Listings — Fredonia, SC

Demographics — Fredonia, SC

Race and Ethnicity

Mortgage and Risk — Fredonia, SC

Mortgages

Rentals and Section 8 — Fredonia, SC

Section 8 Market Size

Section 8 Opportunity

Affordability — Fredonia, SC

Home Price to Income Ratio

Fredonia, SC — ZIP Code Boundary Map

Nearby ZIP Codes

Gilbert, SC

Batesburg-Leesville, SC

Monetta, SC

Lexington, SC

Lexington, SC

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.4
Median Home Price	$252,000
Median Household Income	$64,800

Fredonia, SC—29070

Key Metrics at a Glance

Home Price Trends — Fredonia, SC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Fredonia, SC

% of Rental Stock

Property Listings — Fredonia, SC

Demographics — Fredonia, SC

Race and Ethnicity

Mortgage and Risk — Fredonia, SC

Mortgages

Rentals and Section 8 — Fredonia, SC

Section 8 Market Size

Section 8 Opportunity

Affordability — Fredonia, SC

Home Price to Income Ratio

Fredonia, SC — ZIP Code Boundary Map

Nearby ZIP Codes

Gilbert, SC

Batesburg-Leesville, SC

Monetta, SC

Lexington, SC

Lexington, SC

Frequently Asked Questions

What is the average home price in Fredonia, SC 29070?

How have home prices in Fredonia, SC 29070 changed over the past year?

What is the home price projection for Fredonia, SC 29070?

What are the demographics of Fredonia, SC 29070?

How long does it take homes to sell in Fredonia, SC 29070?

What is the average rent price in Fredonia, SC 29070?