Sumter, SC—29154
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Sumter, SC
As of Oct '25, the median home price in Sumter, SC is $232,000, with a year-over-year change of 0.6%. This indicates that home prices in Sumter, SC are flat. According to Zillow, the 1-year price projection is -0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $232,000 | 0.6% |
| Single Family | $232,000 | 0.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $140,000 | -8.5% |
3 Bed | $216,000 | 0.5% |
4 Bed | $288,000 | 1.4% |
| 5 Bed | $328,000 | 0.3% |
% of Housing Stock
Rental Trends — Sumter, SC
As of July '25, Rentcast reports the average rent in Sumter, SC is $1,630, with a year-over-year rent change of 8.7%. Per bedroom, the median rent as of July '25 in Sumter, SC is 2-bedrooms: $1,160, 3-bedrooms: $1,530, 4-bedrooms: $1,990. The most common rental property sizes in Sumter, SC are 3-bedroom and 2-bedroom, accounting for 52.5% and 37.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,600 | $1,630 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,200 | $1,160 |
| 3 Bed Rent | $1,520 | $1,530 |
| 4 Bed Rent | $2,000 | $1,990 |
% of Rental Stock
Property Listings — Sumter, SC
As of Oct '25, Realtor.com reports that the median days on market for a home in Sumter, SC is 69. This is a increase of 52.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $265,000 | -3.0% |
Listing Count | 164 | 20.0% |
| Listings as % of Homes | 1.2% | 20.0% |
Days on Market | 69 | 52.0% |
Demographics — Sumter, SC
As of the latest ACS Survey released in 2023, Sumter, SC has a population of 29,700, which has increased by 3.5% over the past 5 years. Sumter, SC is a moderately popular place for families, as children make up 24.4% of the population. The area has a moderately educated workforce, with 25.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 29,700 | 3.5% |
% Under 18 | 24.4% | 1.2% |
% Seniors | 16.4% | 11.6% |
% WFH | 6.5% | 550.0% |
% w/ College Degree | 25.4% | 41.9% |
As of the latest ACS Survey released in 2023, Sumter, SC is a predominantly white area, with 52.7% of the population identifying as white. The white population has shrunk by 2.0% in the last 5 years. The second most common race or ethnicity in Sumter, SC is black, making up 36.3% of the population. Foreign-born residents account for 2.5% of the population in Sumter, SC, and this percentage has decreased by 26.5% 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 | 52.7% | -2.0% |
% Black | 36.3% | -4.0% |
% Hispanic | 4.0% | 0.0% |
% Asian | 1.4% | 27.3% |
% Foreign Born | 2.5% | -26.5% |
Mortgage and Risk — Sumter, SC
According to HUD data as of 2023, there were 619 mortgage originations in Sumter, SC, of which 43.0% of loans were conventional mortgages. The average loan-to-value was 80.0%, with 54.0% above 90% LTV (very high). This implies large mortgage risk in Sumter, SC. Investor activity is low, as 2.0% 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 | 619 |
% Conventional Loans | 43.0% |
% Government Loans | 57.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Sumter, SC
Sumter, SC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 155 |
Total Units Section 8 | 154 |
% Rentals under Section 8 | 5.1% |
% Occupied Section 8 | 86.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,000 |
| 2 Bedroom | $90 | $1,200 | $1,290 |
| 3 Bedroom | $30 | $1,520 | $1,550 |
| 4 Bedroom | -$190 | $2,000 | $1,810 |
Affordability — Sumter, SC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $232,000 |
| Median Household Income | $62,100 |