Wedgefield, SC—29168
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Wedgefield, SC
As of Oct '25, the median home price in Wedgefield, SC is $166,000, with a year-over-year change of -7.5%. This indicates that home prices in Wedgefield, SC are decreasing. 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 | $166,000 | -7.5% |
| Single Family | $166,000 | -5.1% |
| 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 | $171,000 | -7.6% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Wedgefield, SC
Wedgefield, SC lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,400 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | $1,400 | $1,400 |
% of Rental Stock
Property Listings — Wedgefield, SC
As of Oct '25, Realtor.com reports that the median days on market for a home in Wedgefield, SC is 148. This is a increase of 36.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $316,000 | 3.0% |
Listing Count | 5 | -5.0% |
| Listings as % of Homes | 0.1% | -5.0% |
Days on Market | 148 | 36.0% |
Demographics — Wedgefield, SC
As of the latest ACS Survey released in 2023, Wedgefield, SC has a population of 2,580, which has decreased by -35.0% over the past 5 years. Wedgefield, SC is a moderately popular place for families, as children make up 18.8% of the population. The area has a poorly educated workforce, with 19.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,580 | -35.0% |
% Under 18 | 18.8% | -31.1% |
% Seniors | 19.0% | 153.3% |
% WFH | 0.0% | -100.0% |
% w/ College Degree | 19.5% | 21.9% |
As of the latest ACS Survey released in 2023, Wedgefield, SC is a predominantly white area, with 50.8% of the population identifying as white. The white population has grown by 32.3% in the last 5 years. The second most common race or ethnicity in Wedgefield, SC is black, making up 44.2% of the population. Foreign-born residents account for 3.1% of the population in Wedgefield, SC, and this percentage has increased by 63.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 50.8% | 32.3% |
% Black | 44.2% | -25.7% |
% Hispanic | 1.2% | 200.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 3.1% | 63.2% |
Mortgage and Risk — Wedgefield, SC
According to HUD data as of 2023, there were 55 mortgage originations in Wedgefield, SC, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 81.0%, with 44.0% above 90% LTV (very high). This implies large mortgage risk in Wedgefield, SC. Investor activity is low, as 2.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 55 |
% Conventional Loans | 67.0% |
% Government Loans | 33.0% |
% Investor Loans | 2.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Wedgefield, SC
Wedgefield, SC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 13 |
Total Units Section 8 | 13 |
% Rentals under Section 8 | 2.9% |
% Occupied Section 8 | 85.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $960 |
| 2 Bedroom | N/A | N/A | $1,230 |
| 3 Bedroom | N/A | N/A | $1,480 |
| 4 Bedroom | $330 | $1,400 | $1,730 |
Affordability — Wedgefield, SC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | $166,000 |
| Median Household Income | $40,900 |