Landrum, SC—29356
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Landrum, SC
As of Oct '25, the median home price in Landrum, SC is $320,000, with a year-over-year change of -0.5%. This indicates that home prices in Landrum, SC are flat. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $320,000 | -0.5% |
| Single Family | $321,000 | -0.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $198,000 | -4.8% |
2 Bed | $228,000 | 0.9% |
3 Bed | $345,000 | 0.9% |
4 Bed | $673,000 | 3.4% |
| 5 Bed | $941,000 | 5.1% |
% of Housing Stock
Rental Trends — Landrum, SC
As of July '25, Rentcast reports the average rent in Landrum, SC is $1,800, with a year-over-year rent change of -28.0%. Per bedroom, the median rent as of July '25 in Landrum, SC is 1-bedrooms: $1,690, 2-bedrooms: $1,800, 3-bedrooms: $1,960. The most common rental property sizes in Landrum, SC are 3-bedroom and 2-bedroom, accounting for 47.2% and 46.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,700 | $1,800 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,600 | $1,690 |
| 2 Bed Rent | $1,800 | $1,800 |
| 3 Bed Rent | $2,100 | $1,960 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Landrum, SC
As of Oct '25, Realtor.com reports that the median days on market for a home in Landrum, SC is 85. This is a increase of 46.0% 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 13.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $762,000 | 22.0% |
Listing Count | 119 | 42.0% |
| Listings as % of Homes | 1.0% | 42.0% |
Days on Market | 85 | 46.0% |
Demographics — Landrum, SC
As of the latest ACS Survey released in 2023, Landrum, SC has a population of 8,780, which has increased by 3.8% over the past 5 years. Landrum, SC is a moderately popular place for families, as children make up 18.3% of the population. The area has a moderately educated workforce, with 34.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,780 | 3.8% |
% Under 18 | 18.3% | -3.2% |
% Seniors | 26.4% | 5.6% |
% WFH | 11.9% | 85.9% |
% w/ College Degree | 34.5% | 30.7% |
As of the latest ACS Survey released in 2023, Landrum, SC is a predominantly white area, with 94.3% of the population identifying as white. The white population has grown by 5.6% in the last 5 years. The second most common race or ethnicity in Landrum, SC is hispanic, making up 2.6% of the population. Foreign-born residents account for 2.8% of the population in Landrum, SC, and this percentage has increased by 27.3% 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 | 94.3% | 5.6% |
% Black | 2.4% | -57.1% |
% Hispanic | 2.6% | -31.6% |
% Asian | 0.2% | -50.0% |
% Foreign Born | 2.8% | 27.3% |
Mortgage and Risk — Landrum, SC
According to HUD data as of 2023, there were 171 mortgage originations in Landrum, SC, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Landrum, SC. Investor activity is low, as 0.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 171 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 0.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Landrum, SC
Landrum, SC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 93 |
Total Units Section 8 | 56 |
% Rentals under Section 8 | 8.2% |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$630 | $1,600 | $970 |
| 2 Bedroom | -$710 | $1,800 | $1,090 |
| 3 Bedroom | -$750 | $2,100 | $1,350 |
| 4 Bedroom | N/A | N/A | $1,620 |
Affordability — Landrum, SC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5 |
| Median Home Price | $320,000 |
| Median Household Income | $60,900 |