Ridgeway, SC—29130
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Ridgeway, SC
As of Oct '25, the median home price in Ridgeway, SC is $295,000, with a year-over-year change of 0.3%. This indicates that home prices in Ridgeway, SC are flat. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $295,000 | 0.3% |
| Single Family | $296,000 | 0.7% |
| 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 | $456,000 | 2.9% |
4 Bed | $573,000 | 3.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Ridgeway, SC
As of July '25, Rentcast reports the average rent in Ridgeway, SC is $1,000, with a year-over-year rent change of 11.1%. Per bedroom, the median rent as of July '25 in Ridgeway, SC is studios: $1,000. The most common rental property sizes in Ridgeway, SC are 3-bedroom and 2-bedroom, accounting for 51.5% and 43.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,000 | $1,000 |
| Studio Rent | $1,000 | $1,000 |
| 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 — Ridgeway, SC
As of Oct '25, Realtor.com reports that the median days on market for a home in Ridgeway, SC is 76. This is a decrease of -5.0% 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 34.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $794,000 | 6.0% |
Listing Count | 29 | 41.0% |
| Listings as % of Homes | 0.3% | 41.0% |
Days on Market | 76 | -5.0% |
Demographics — Ridgeway, SC
As of the latest ACS Survey released in 2023, Ridgeway, SC has a population of 6,430, which has increased by 11.7% over the past 5 years. Ridgeway, SC is a less popular place for families, as children make up 10.3% of the population. The area has a poorly educated workforce, with 20.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,430 | 11.7% |
% Under 18 | 10.3% | -25.4% |
% Seniors | 38.0% | 52.6% |
% WFH | 5.7% | 171.4% |
% w/ College Degree | 20.2% | -1.9% |
As of the latest ACS Survey released in 2023, Ridgeway, SC is a predominantly white area, with 54.1% of the population identifying as white. The white population has grown by 3.6% in the last 5 years. The second most common race or ethnicity in Ridgeway, SC is black, making up 41.3% of the population. Foreign-born residents account for 1.2% of the population in Ridgeway, SC, and this percentage has decreased by 57.1% 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 | 54.1% | 3.6% |
% Black | 41.3% | 0.5% |
% Hispanic | 1.9% | 171.4% |
% Asian | 0.3% | -76.9% |
% Foreign Born | 1.2% | -57.1% |
Mortgage and Risk — Ridgeway, SC
According to HUD data as of 2023, there were 114 mortgage originations in Ridgeway, SC, of which 69.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Ridgeway, SC. Investor activity is low, as 1.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 114 |
% Conventional Loans | 69.0% |
% Government Loans | 31.0% |
% Investor Loans | 1.0% |
% Second Loans | 8.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Ridgeway, SC
Ridgeway, SC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 6 |
Total Units Section 8 | 6 |
% Rentals under Section 8 | 1.6% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,000 |
| 2 Bedroom | N/A | N/A | $1,130 |
| 3 Bedroom | N/A | N/A | $1,440 |
| 4 Bedroom | N/A | N/A | $1,730 |
Affordability — Ridgeway, SC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $295,000 |
| Median Household Income | $72,600 |