Timmonsville, SC—29161
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Timmonsville, SC
As of Oct '25, the median home price in Timmonsville, SC is $165,000, with a year-over-year change of 1.5%. This indicates that home prices in Timmonsville, SC are increasing. According to Zillow, the 1-year price projection is 3.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $165,000 | 1.5% |
| Single Family | $165,000 | 2.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $97,000 | 0.0% |
3 Bed | $174,000 | 3.0% |
4 Bed | $288,000 | 2.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Timmonsville, SC
As of July '25, Rentcast reports the average rent in Timmonsville, SC is $975, with a year-over-year rent change of -22.0%. Per bedroom, the median rent as of July '25 in Timmonsville, SC is 1-bedrooms: $825, 2-bedrooms: $1,050. The most common rental property sizes in Timmonsville, SC are 3-bedroom and 2-bedroom, accounting for 55.7% and 24.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,000 | $975 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $825 | $825 |
| 2 Bed Rent | $1,000 | $1,050 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Timmonsville, SC
As of Oct '25, Realtor.com reports that the median days on market for a home in Timmonsville, SC is 64. This is a decrease of -30.0% 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 16.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $246,000 | 8.0% |
Listing Count | 25 | 22.0% |
| Listings as % of Homes | 0.5% | 22.0% |
Days on Market | 64 | -30.0% |
Demographics — Timmonsville, SC
As of the latest ACS Survey released in 2023, Timmonsville, SC has a population of 10,100, which has decreased by -10.2% over the past 5 years. Timmonsville, SC is a moderately popular place for families, as children make up 18.2% of the population. The area has a poorly educated workforce, with 16.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,100 | -10.2% |
% Under 18 | 18.2% | -28.3% |
% Seniors | 21.8% | 49.3% |
% WFH | 3.9% | 0.0% |
% w/ College Degree | 16.4% | 23.3% |
As of the latest ACS Survey released in 2023, Timmonsville, SC is a predominantly white area, with 51.4% of the population identifying as white. The white population has grown by 6.6% in the last 5 years. The second most common race or ethnicity in Timmonsville, SC is black, making up 44.2% of the population. Foreign-born residents account for 0.2% of the population in Timmonsville, SC, and this percentage has decreased by 90.9% 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 | 51.4% | 6.6% |
% Black | 44.2% | -3.9% |
% Hispanic | 2.0% | -52.4% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.2% | -90.9% |
Mortgage and Risk — Timmonsville, SC
According to HUD data as of 2023, there were 108 mortgage originations in Timmonsville, SC, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 82.0%, with 44.0% above 90% LTV (very high). This implies large mortgage risk in Timmonsville, SC. Investor activity is low, as 7.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 108 |
% Conventional Loans | 68.0% |
% Government Loans | 32.0% |
% Investor Loans | 7.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Timmonsville, SC
Timmonsville, SC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 67 |
Total Units Section 8 | 17 |
% Rentals under Section 8 | 0.9% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $25 | $825 | $850 |
| 2 Bedroom | $60 | $1,000 | $1,060 |
| 3 Bedroom | N/A | N/A | $1,340 |
| 4 Bedroom | N/A | N/A | $1,460 |
Affordability — Timmonsville, SC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $165,000 |
| Median Household Income | $47,900 |