Olanta, SC—29114
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Olanta, SC
As of Oct '25, the median home price in Olanta, SC is $114,000, with a year-over-year change of 2.9%. This indicates that home prices in Olanta, SC are increasing. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $114,000 | 2.9% |
| Single Family | $114,000 | 2.7% |
| 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 | $127,000 | 0.0% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Olanta, SC
Olanta, SC lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Olanta, SC
As of Oct '25, Realtor.com reports that the median days on market for a home in Olanta, SC is 79. This is a increase of 34.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $83,700 | -64.0% |
Listing Count | 2 | -38.0% |
| Listings as % of Homes | 0.6% | -38.0% |
Days on Market | 79 | 34.0% |
Demographics — Olanta, SC
As of the latest ACS Survey released in 2023, Olanta, SC has a population of 1,820, which has increased by 2.9% over the past 5 years. Olanta, SC is a moderately popular place for families, as children make up 22.0% of the population. The area has a poorly educated workforce, with 8.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,820 | 2.9% |
% Under 18 | 22.0% | 13.4% |
% Seniors | 24.7% | 24.1% |
% WFH | 1.2% | ∞% |
% w/ College Degree | 8.6% | -41.9% |
As of the latest ACS Survey released in 2023, Olanta, SC is a predominantly black area, with 62.1% of the population identifying as black. The black population has grown by 38.3% in the last 5 years. The second most common race or ethnicity in Olanta, SC is white, making up 35.1% of the population. Foreign-born residents account for 0.6% of the population in Olanta, SC, and this percentage has decreased by 62.5% 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 | 35.1% | -29.7% |
% Black | 62.1% | 38.3% |
% Hispanic | 1.0% | 66.7% |
% Asian | 0.5% | ∞% |
% Foreign Born | 0.6% | -62.5% |
Mortgage and Risk — Olanta, SC
According to HUD data as of 2023, there were 30 mortgage originations in Olanta, SC, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 80.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Olanta, SC. Investor activity is low, as 13.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 30 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 13.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 20.0% |
Loan Activity
Rentals and Section 8 — Olanta, SC
Olanta, SC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 34 |
Total Units Section 8 | 34 |
% Rentals under Section 8 | 17.3% |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $850 |
| 2 Bedroom | N/A | N/A | $1,060 |
| 3 Bedroom | N/A | N/A | $1,330 |
| 4 Bedroom | N/A | N/A | $1,460 |
Affordability — Olanta, SC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $114,000 |
| Median Household Income | $49,000 |