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Sumter, SC—29150

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$181,000
3.4% YoY Growth
Household Income
$48,800
28.7% YoY Growth
Days on Market
70
10.0% Longer YoY
Home Price Forecast
0.4%
Median Rent
$1,000
5.0% YoY Growth
1-Bed Rent
$775
17.8% YoY Growth
2-Bed Rent
$950
5.1% YoY Growth
3-Bed Rent
$1,350
8.4% YoY Growth

Other Zip Codes in Sumter, SC

2915429153
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Sumter, SC

As of Dec '25, the median home price in Sumter, SC is $181,000, with a year-over-year change of -3.4%. This indicates that home prices in Sumter, SC are decreasing. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$181,000-3.4%
Single Family $183,000-3.2%
Condos $63,000-3.1%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$83,000-10.8%
    3 Bed
    		$172,000-2.8%
    4 Bed
    		$302,0001.0%
    5 Bed $352,2180.9%
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    % of Housing Stock

    Studio
    0.9%
    1 Bedroom
    5.2%
    2 Bedrooms
    27.1%
    3 Bedrooms
    46.8%
    4 Bedrooms
    15.9%
    5+ Bedrooms
    4.1%

    Rental Trends — Sumter, SC

    As of July '25, Rentcast reports the average rent in Sumter, SC is $1,260, with a year-over-year rent change of 5.0%. Per bedroom, the median rent as of July '25 in Sumter, SC is 1-bedrooms: $833, 2-bedrooms: $985, 3-bedrooms: $1,420, 4-bedrooms: $2,040. The most common rental property sizes in Sumter, SC are 2-bedroom and 3-bedroom, accounting for 45.5% and 33.3% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,000$1,260
    Studio Rent N/AN/A
    1 Bed Rent $775$833
    2 Bed Rent $950$985
    3 Bed Rent $1,350$1,420
    4 Bed Rent $2,050$2,040
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    % of Rental Stock

    Studio
    1.6%
    1 Bedroom
    12.9%
    2 Bedrooms
    45.5%
    3 Bedrooms
    33.3%
    4 Bedrooms
    5.4%
    5+ Bedrooms
    1.3%

    Property Listings — Sumter, SC

    As of Dec '25, Realtor.com reports that the median days on market for a home in Sumter, SC is 61. This is a decrease of -2.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$260,000-2.0%
    Listing Count
    		23023.0%
    Listings as % of Homes0.9%23.0%
    Days on Market
    		7010.0%
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    Demographics — Sumter, SC

    As of the latest ACS Survey released in 2023, Sumter, SC has a population of 38,500, which has decreased by -2.8% over the past 5 years. Sumter, SC is a moderately popular place for families, as children make up 25.0% of the population. The area has a poorly educated workforce, with 24.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.2% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		38,500-2.8%
    % Under 18
    		25.0%-1.6%
    % Seniors
    		19.1%9.8%
    % WFH
    		4.2%110.0%
    % w/ College Degree
    		24.1%8.1%
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    As of the latest ACS Survey released in 2023, Sumter, SC is a predominantly black area, with 49.8% of the population identifying as black. The black population has grown by 0.2% in the last 5 years. The second most common race or ethnicity in Sumter, SC is white, making up 39.2% of the population. Foreign-born residents account for 3.7% of the population in Sumter, SC, and this percentage has decreased by 11.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		39.2%-8.8%
    % Black
    		49.8%0.2%
    % Hispanic
    		5.4%25.6%
    % Asian
    		2.0%25.0%
    % Foreign Born
    		3.7%-11.9%
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    Mortgage and Risk — Sumter, SC

    According to HUD data as of 2023, there were 594 mortgage originations in Sumter, SC, of which 52.0% of loans were conventional mortgages. The average loan-to-value was 78.0%, with 49.0% above 90% LTV (very high). This implies large mortgage risk in Sumter, SC. Investor activity is low, as 5.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		594
    % Conventional Loans
    		52.0%
    % Government Loans
    		48.0%
    % Investor Loans
    		5.0%
    % Second Loans
    		1.0%
    % Cash Out Refinance
    		12.0%
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    Rentals and Section 8 — Sumter, SC

    As of 2024, the percent of homes in Sumter, SC under the Section 8 program is 13.8%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Sumter, SC, because HUD payments exceed market rent, while 4-bedroom units do not.

    Section 8 Market Size

    Total Units under HUD
    		1,251
    Total Units Section 8
    		873
    % Rentals under Section 8
    		13.8%
    % Occupied Section 8
    		88.4%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$175$775$950
    2 Bedroom$270$950$1,220
    3 Bedroom$120$1,350$1,470
    4 Bedroom-$340$2,050$1,710

    Affordability — Sumter, SC

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.8
    Median Home Price$181,000
    Median Household Income$48,800

    Sumter, SC — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Sumter, SC

    29153

    Sumter, SC

    29154

    Shaw Heights, SC

    29152

    Mayesville, SC

    29104

    Wedgefield, SC

    29168

    Frequently Asked Questions