Saluda, SC—29138
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Saluda, SC
As of Oct '25, the median home price in Saluda, SC is $161,000, with a year-over-year change of -7.0%. This indicates that home prices in Saluda, SC are decreasing. 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 | $161,000 | -7.1% |
| Single Family | $161,000 | -6.9% |
| 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 | $223,000 | -1.3% |
4 Bed | $300,000 | -0.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Saluda, SC
Saluda, SC lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $870 | $870 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $870 | $870 |
| 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 — Saluda, SC
As of Oct '25, Realtor.com reports that the median days on market for a home in Saluda, SC is 102. This is a decrease of -25.0% 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.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $322,000 | -35.0% |
Listing Count | 11 | 31.0% |
| Listings as % of Homes | 0.1% | 31.0% |
Days on Market | 102 | -25.0% |
Demographics — Saluda, SC
As of the latest ACS Survey released in 2023, Saluda, SC has a population of 9,640, which has decreased by -13.9% over the past 5 years. Saluda, SC is a moderately popular place for families, as children make up 24.2% of the population. The area has a poorly educated workforce, with 15.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,640 | -13.9% |
% Under 18 | 24.2% | -6.9% |
% Seniors | 19.0% | 16.6% |
% WFH | 3.2% | 100.0% |
% w/ College Degree | 15.9% | 12.0% |
As of the latest ACS Survey released in 2023, Saluda, SC is a predominantly white area, with 47.0% of the population identifying as white. The white population has grown by 11.9% in the last 5 years. The second most common race or ethnicity in Saluda, SC is black, making up 25.1% of the population. Foreign-born residents account for 8.7% of the population in Saluda, SC, and this percentage has decreased by 31.5% 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 | 47.0% | 11.9% |
% Black | 25.1% | -18.2% |
% Hispanic | 24.2% | -6.2% |
% Asian | 0.1% | ∞% |
% Foreign Born | 8.7% | -31.5% |
Mortgage and Risk — Saluda, SC
According to HUD data as of 2023, there were 87 mortgage originations in Saluda, SC, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Saluda, SC. Investor activity is low, as 0.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 87 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Saluda, SC
Saluda, SC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 159 |
Total Units Section 8 | 127 |
% Rentals under Section 8 | 12.1% |
% Occupied Section 8 | 94.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $130 | $870 | $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 — Saluda, SC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $161,000 |
| Median Household Income | $45,400 |