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Ridge Spring, SC—29129

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$162,000
2.1% YoY Growth
Household Income
$62,000
63.6% YoY Growth
Days on Market
17
31.0% Shorter YoY
Home Price Forecast
0.3%
Median Rent
$1,000
27.0% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Ridge Spring, SC

As of May '26, the median home price in Ridge Spring, SC is $162,000, with a year-over-year change of -2.1%. This indicates that home prices in Ridge Spring, SC are decreasing. According to Zillow, the 1-year price projection is 0.3%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$162,000-2.1%
Single Family $163,0000.0%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		N/AN/A
    3 Bed
    		$296,0008.8%
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    1 Bedroom
    0.8%
    2 Bedrooms
    22.1%
    3 Bedrooms
    59.7%
    4 Bedrooms
    14.5%
    5+ Bedrooms
    2.9%

    Rental Trends — Ridge Spring, SC

    As of July '25, Rentcast reports the average rent in Ridge Spring, SC is $1,160, with a year-over-year rent change of -27.0%. Per bedroom, the median rent as of July '25 in Ridge Spring, SC is studios: $1,000, 4-bedrooms: $1,320. The most common rental property sizes in Ridge Spring, SC are 2-bedroom and 3-bedroom, accounting for 46.0% and 42.1% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,000$1,160
    Studio Rent $1,000$1,000
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent $1,320$1,320
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    % of Rental Stock

    1 Bedroom
    4.9%
    2 Bedrooms
    46.0%
    3 Bedrooms
    42.1%
    4 Bedrooms
    7.0%

    Property Listings — Ridge Spring, SC

    As of May '26, Realtor.com reports that the median days on market for a home in Ridge Spring, SC is 17. This is a decrease of -31.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$207,00083.0%
    Listing Count
    		3-33.0%
    Listings as % of Homes0.3%-33.0%
    Days on Market
    		17-31.0%
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    Demographics — Ridge Spring, SC

    As of the latest ACS Survey released in 2023, Ridge Spring, SC has a population of 5,330, which has increased by 86.7% over the past 5 years. Ridge Spring, SC is a popular place for families, as children make up 26.2% of the population. The area has a moderately educated workforce, with 26.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.7% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		5,33086.7%
    % Under 18
    		26.2%88.5%
    % Seniors
    		18.2%4.6%
    % WFH
    		4.7%-44.0%
    % w/ College Degree
    		26.5%103.8%
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    As of the latest ACS Survey released in 2023, Ridge Spring, SC is a predominantly white area, with 48.2% of the population identifying as white. The white population has grown by 0.4% in the last 5 years. The second most common race or ethnicity in Ridge Spring, SC is black, making up 39.3% of the population. Foreign-born residents account for 5.8% of the population in Ridge Spring, SC, and this percentage has decreased by 52.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		48.2%0.4%
    % Black
    		39.3%12.0%
    % Hispanic
    		9.1%-45.8%
    % Asian
    		0.0%N/A
    % Foreign Born
    		5.8%-52.8%
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    Mortgage and Risk — Ridge Spring, SC

    According to HUD data as of 2023, there were 22 mortgage originations in Ridge Spring, SC, of which 55.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 45.0% above 90% LTV (very high). This implies large mortgage risk in Ridge Spring, SC. Investor activity is low, as 5.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		22
    % Conventional Loans
    		55.0%
    % Government Loans
    		45.0%
    % Investor Loans
    		5.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		18.0%
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    Rentals and Section 8 — Ridge Spring, SC

    Ridge Spring, SC lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		11
    Total Units Section 8
    		11
    % Rentals under Section 8
    		3.5%
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$1,000
    2 BedroomN/AN/A$1,130
    3 BedroomN/AN/A$1,440
    4 Bedroom$410$1,320$1,730

    Affordability — Ridge Spring, SC

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio2.7
    Median Home Price$162,000
    Median Household Income$62,000

    Ridge Spring, SC — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Monetta, SC

    29105

    Speigner, SC

    29166

    Batesburg-Leesville, SC

    29006

    Johnston, SC

    29832

    Aiken, SC

    29805

    Frequently Asked Questions