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Sumter, SC—29153

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$216,000
0.3% YoY Growth
Household Income
$61,800
43.3% YoY Growth
Days on Market
54
13.0% Shorter YoY
Home Price Forecast
-0.9%
Median Rent
$1,500
9.1% YoY Growth
1-Bed Rent
$975
N/A
2-Bed Rent
$950
7.5% YoY Growth
3-Bed Rent
$1,500
10.2% YoY Growth

Other Zip Codes in Sumter, SC

2915429150
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Sumter, SC

As of May '26, the median home price in Sumter, SC is $216,000, with a year-over-year change of 0.3%. This indicates that home prices in Sumter, SC are flat. According to Zillow, the 1-year price projection is -0.9%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$216,0000.3%
Single Family $216,0000.9%
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
    		$99,000-11.6%
    3 Bed
    		$204,0002.0%
    4 Bed
    		$294,0002.1%
    5 Bed $329,761-1.3%
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    % of Housing Stock

    1 Bedroom
    1.8%
    2 Bedrooms
    18.2%
    3 Bedrooms
    56.7%
    4 Bedrooms
    19.6%
    5+ Bedrooms
    3.6%

    Rental Trends — Sumter, SC

    As of July '25, Rentcast reports the average rent in Sumter, SC is $1,590, with a year-over-year rent change of -9.1%. Per bedroom, the median rent as of July '25 in Sumter, SC is 1-bedrooms: $975, 2-bedrooms: $999, 3-bedrooms: $1,500, 4-bedrooms: $2,070. The most common rental property sizes in Sumter, SC are 3-bedroom and 2-bedroom, accounting for 56.1% and 27.3% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,500$1,590
    Studio Rent N/AN/A
    1 Bed Rent $975$975
    2 Bed Rent $950$999
    3 Bed Rent $1,500$1,500
    4 Bed Rent $2,000$2,070
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    % of Rental Stock

    1 Bedroom
    4.3%
    2 Bedrooms
    27.3%
    3 Bedrooms
    56.1%
    4 Bedrooms
    12.3%

    Property Listings — Sumter, SC

    As of May '26, Realtor.com reports that the median days on market for a home in Sumter, SC is 54. This is a decrease of -13.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$271,0001.0%
    Listing Count
    		96-1.0%
    Listings as % of Homes1.2%-1.0%
    Days on Market
    		54-13.0%
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    Demographics — Sumter, SC

    As of the latest ACS Survey released in 2023, Sumter, SC has a population of 15,100, which has increased by 1.1% over the past 5 years. Sumter, SC is a moderately popular place for families, as children make up 21.0% of the population. The area has a poorly educated workforce, with 22.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.7% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		15,1001.1%
    % Under 18
    		21.0%-6.7%
    % Seniors
    		18.8%23.7%
    % WFH
    		3.7%146.7%
    % w/ College Degree
    		22.0%53.8%
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    As of the latest ACS Survey released in 2023, Sumter, SC is a predominantly black area, with 57.4% of the population identifying as black. The black population has grown by 3.1% in the last 5 years. The second most common race or ethnicity in Sumter, SC is white, making up 34.9% of the population. Foreign-born residents account for 2.1% of the population in Sumter, SC, and this percentage has increased by 10.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		34.9%-11.9%
    % Black
    		57.4%3.1%
    % Hispanic
    		3.1%10.7%
    % Asian
    		1.8%500.0%
    % Foreign Born
    		2.1%10.5%
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    Mortgage and Risk — Sumter, SC

    According to HUD data as of 2023, there were 307 mortgage originations in Sumter, SC, of which 48.0% of loans were conventional mortgages. The average loan-to-value was 84.0%, with 56.0% above 90% LTV (very high). This implies large mortgage risk in Sumter, SC. Investor activity is low, as 3.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		307
    % Conventional Loans
    		48.0%
    % Government Loans
    		52.0%
    % Investor Loans
    		3.0%
    % Second Loans
    		1.0%
    % Cash Out Refinance
    		13.0%
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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 12.9%. 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
    		253
    Total Units Section 8
    		161
    % Rentals under Section 8
    		12.9%
    % Occupied Section 8
    		85.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$5$975$980
    2 Bedroom$310$950$1,260
    3 Bedroom$20$1,500$1,520
    4 Bedroom-$230$2,000$1,770

    Affordability — Sumter, SC

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.4
    Median Home Price$216,000
    Median Household Income$61,800

    Sumter, SC — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Mayesville, SC

    29104

    Sumter, SC

    29150

    Dalzell, SC

    29040

    Shaw Heights, SC

    29152

    Sumter, SC

    29154

    Frequently Asked Questions