Laurens, SC—29360
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Laurens, SC
As of Oct '25, the median home price in Laurens, SC is $180,000, with a year-over-year change of -12.6%. This indicates that home prices in Laurens, SC are decreasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $180,000 | -12.6% |
| Single Family | $180,000 | -12.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $133,000 | -8.9% |
3 Bed | $215,000 | -0.9% |
4 Bed | $289,000 | -1.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Laurens, SC
As of July '25, Rentcast reports the average rent in Laurens, SC is $1,030, with a year-over-year rent change of -1.0%. Per bedroom, the median rent as of July '25 in Laurens, SC is 1-bedrooms: $813, 2-bedrooms: $876, 3-bedrooms: $1,240, 4-bedrooms: $1,700. The most common rental property sizes in Laurens, SC are 2-bedroom and 3-bedroom, accounting for 44.4% and 25.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $880 | $1,030 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $839 | $813 |
| 2 Bed Rent | $800 | $876 |
| 3 Bed Rent | $1,250 | $1,240 |
| 4 Bed Rent | $1,700 | $1,700 |
% of Rental Stock
Property Listings — Laurens, SC
As of Oct '25, Realtor.com reports that the median days on market for a home in Laurens, SC is 61. This is a increase of 1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $281,000 | 16.0% |
Listing Count | 89 | -3.0% |
| Listings as % of Homes | 0.5% | -3.0% |
Days on Market | 61 | 1.0% |
Demographics — Laurens, SC
As of the latest ACS Survey released in 2023, Laurens, SC has a population of 22,100, which has increased by 6.9% over the past 5 years. Laurens, SC is a moderately popular place for families, as children make up 23.1% of the population. The area has a poorly educated workforce, with 14.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 22,100 | 6.9% |
% Under 18 | 23.1% | 2.7% |
% Seniors | 19.6% | 1.0% |
% WFH | 5.1% | 292.3% |
% w/ College Degree | 14.6% | -10.4% |
As of the latest ACS Survey released in 2023, Laurens, SC is a predominantly white area, with 61.1% of the population identifying as white. The white population has grown by 2.5% in the last 5 years. The second most common race or ethnicity in Laurens, SC is black, making up 26.2% of the population. Foreign-born residents account for 6.2% of the population in Laurens, SC, and this percentage has increased by 100.0% 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 | 61.1% | 2.5% |
% Black | 26.2% | -16.8% |
% Hispanic | 7.3% | 12.3% |
% Asian | 0.7% | 40.0% |
% Foreign Born | 6.2% | 100.0% |
Mortgage and Risk — Laurens, SC
According to HUD data as of 2023, there were 265 mortgage originations in Laurens, SC, of which 64.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 41.0% above 90% LTV (very high). This implies large mortgage risk in Laurens, SC. Investor activity is low, as 1.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 265 |
% Conventional Loans | 64.0% |
% Government Loans | 36.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Laurens, SC
As of 2024, the percent of homes in Laurens, SC under the Section 8 program is 10.4%. 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. 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Laurens, SC, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 534 |
Total Units Section 8 | 287 |
% Rentals under Section 8 | 10.4% |
% Occupied Section 8 | 89.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$129 | $839 | $710 |
| 2 Bedroom | $130 | $800 | $930 |
| 3 Bedroom | -$120 | $1,250 | $1,130 |
| 4 Bedroom | -$380 | $1,700 | $1,320 |
Affordability — Laurens, SC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $180,000 |
| Median Household Income | $55,800 |