Lugoff, SC—29078
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lugoff, SC
As of Oct '25, the median home price in Lugoff, SC is $254,000, with a year-over-year change of 1.8%. This indicates that home prices in Lugoff, SC are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $254,000 | 1.8% |
| Single Family | $254,000 | 2.4% |
| 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 | $240,000 | 1.7% |
4 Bed | $320,000 | 1.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Lugoff, SC
As of July '25, Rentcast reports the average rent in Lugoff, SC is $1,890, with a year-over-year rent change of 8.6%. Per bedroom, the median rent as of July '25 in Lugoff, SC is 2-bedrooms: $1,500, 3-bedrooms: $1,760, 4-bedrooms: $2,310. The most common rental property sizes in Lugoff, SC are 3-bedroom and 4-bedroom, accounting for 24.8% and 24.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,850 | $1,890 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,500 | $1,500 |
| 3 Bed Rent | $1,850 | $1,760 |
| 4 Bed Rent | $2,350 | $2,310 |
% of Rental Stock
Property Listings — Lugoff, SC
As of Oct '25, Realtor.com reports that the median days on market for a home in Lugoff, SC is 54. This is a decrease of -14.0% from last year, suggesting that homes are sitting on the market shorter 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 | $350,000 | 19.0% |
Listing Count | 107 | 18.0% |
| Listings as % of Homes | 0.6% | 18.0% |
Days on Market | 54 | -14.0% |
Demographics — Lugoff, SC
As of the latest ACS Survey released in 2023, Lugoff, SC has a population of 16,400, which has decreased by -5.9% over the past 5 years. Lugoff, SC is a moderately popular place for families, as children make up 22.9% of the population. The area has a poorly educated workforce, with 21.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 16,400 | -5.9% |
% Under 18 | 22.9% | -16.1% |
% Seniors | 18.0% | 29.5% |
% WFH | 7.8% | 239.1% |
% w/ College Degree | 21.2% | 3.9% |
As of the latest ACS Survey released in 2023, Lugoff, SC is a predominantly white area, with 73.8% of the population identifying as white. The white population has shrunk by 3.5% in the last 5 years. The second most common race or ethnicity in Lugoff, SC is black, making up 17.8% of the population. Foreign-born residents account for 1.6% of the population in Lugoff, SC, and this percentage has decreased by 15.8% 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 | 73.8% | -3.5% |
% Black | 17.8% | -2.7% |
% Hispanic | 5.5% | 120.0% |
% Asian | 0.2% | -60.0% |
% Foreign Born | 1.6% | -15.8% |
Mortgage and Risk — Lugoff, SC
According to HUD data as of 2023, there were 432 mortgage originations in Lugoff, SC, of which 52.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 48.0% above 90% LTV (very high). This implies large mortgage risk in Lugoff, SC. Investor activity is low, as 1.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 432 |
% Conventional Loans | 52.0% |
% Government Loans | 48.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Lugoff, SC
Lugoff, SC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 97 |
Total Units Section 8 | 91 |
% Rentals under Section 8 | 9.5% |
% Occupied Section 8 | 81.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,000 |
| 2 Bedroom | -$370 | $1,500 | $1,130 |
| 3 Bedroom | -$410 | $1,850 | $1,440 |
| 4 Bedroom | -$620 | $2,350 | $1,730 |
Affordability — Lugoff, SC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $254,000 |
| Median Household Income | $66,700 |