Lyman, SC 29365 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Lyman, SC—29365

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$309,000

2.9% YoY Growth

Household Income

$73,100

17.9% YoY Growth

Days on Market

36.0% Longer YoY

Home Price Forecast

1.1%

Median Rent

$2,070

1.0% YoY Growth

1-Bed Rent

$1,260

N/A

2-Bed Rent

$1,500

40.9% YoY Growth

3-Bed Rent

$2,000

8.2% YoY Growth

Other Zip Codes in Lyman, SC

29385

Home Price Trends — Lyman, SC

As of May '26, the median home price in Lyman, SC is $309,000, with a year-over-year change of 2.9%. This indicates that home prices in Lyman, SC are increasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$309,000	2.9%
Single Family	$308,000	2.7%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Lyman, SC

As of July '25, Rentcast reports the average rent in Lyman, SC is $2,060, with a year-over-year rent change of 1.0%. Per bedroom, the median rent as of July '25 in Lyman, SC is 1-bedrooms: $1,260, 2-bedrooms: $1,550, 3-bedrooms: $2,100, 4-bedrooms: $2,250. The most common rental property sizes in Lyman, SC are 2-bedroom and 3-bedroom, accounting for 41.7% and 25.4% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,070	$2,060
Studio Rent	N/A	N/A
1 Bed Rent	$1,260	$1,260
2 Bed Rent	$1,500	$1,550
3 Bed Rent	$2,000	$2,100
4 Bed Rent	$2,150	$2,250

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% of Rental Stock

Studio

8.0%

2 Bedrooms

41.7%

3 Bedrooms

25.4%

4 Bedrooms

18.0%

5+ Bedrooms

6.9%

Property Listings — Lyman, SC

As of May '26, Realtor.com reports that the median days on market for a home in Lyman, SC is 44. 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 17.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$325,000	-4.0%
Listing Count	139	-1.0%
Listings as % of Homes	1.6%	-1.0%
Days on Market	44	36.0%

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Demographics — Lyman, SC

As of the latest ACS Survey released in 2023, Lyman, SC has a population of 14,600, which has increased by 29.9% over the past 5 years. Lyman, SC is a popular place for families, as children make up 28.4% of the population. The area has a moderately educated workforce, with 25.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.6% reporting working from home.

Metric	Latest Census	YoY % Change
Population	14,600	29.9%
% Under 18	28.4%	10.9%
% Seniors	12.7%	-15.3%
% WFH	11.6%	346.2%
% w/ College Degree	25.3%	17.7%

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As of the latest ACS Survey released in 2023, Lyman, SC is a predominantly white area, with 74.0% of the population identifying as white. The white population has shrunk by 12.0% in the last 5 years. The second most common race or ethnicity in Lyman, SC is black, making up 10.8% of the population. Foreign-born residents account for 9.2% of the population in Lyman, SC, and this percentage has increased by 155.6% 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	74.0%	-12.0%
% Black	10.8%	2.9%
% Hispanic	9.5%	187.9%
% Asian	2.4%	71.4%
% Foreign Born	9.2%	155.6%

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Mortgage and Risk — Lyman, SC

According to HUD data as of 2023, there were 545 mortgage originations in Lyman, SC, of which 63.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 40.0% above 90% LTV (very high). This implies large mortgage risk in Lyman, SC. Investor activity is low, as 0.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	545
% Conventional Loans	63.0%
% Government Loans	37.0%
% Investor Loans	0.0%
% Second Loans	1.0%
% Cash Out Refinance	9.0%

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Rentals and Section 8 — Lyman, SC

As of 2024, the percent of homes in Lyman, SC under the Section 8 program is 4.9%. 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. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Lyman, SC, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	37
Total Units Section 8	37
% Rentals under Section 8	4.9%
% Occupied Section 8	80.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$110	$1,260	$1,370
2 Bedroom	$20	$1,500	$1,520
3 Bedroom	-$130	$2,000	$1,870
4 Bedroom	-$100	$2,150	$2,050

Lyman, SC—29365

Key Metrics at a Glance

Other Zip Codes in Lyman, SC

Home Price Trends — Lyman, SC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Lyman, SC

% of Rental Stock

Property Listings — Lyman, SC

Demographics — Lyman, SC

Race and Ethnicity

Mortgage and Risk — Lyman, SC

Mortgages

Rentals and Section 8 — Lyman, SC

Section 8 Market Size

Section 8 Opportunity

Affordability — Lyman, SC

Home Price to Income Ratio

Lyman, SC — ZIP Code Boundary Map

Nearby ZIP Codes

Lyman, SC

Greer, SC

Startex

Duncan, SC

Greer, SC

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.9
Median Home Price	$309,000
Median Household Income	$73,100

Lyman, SC—29365

Key Metrics at a Glance

Other Zip Codes in Lyman, SC

Home Price Trends — Lyman, SC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Lyman, SC

% of Rental Stock

Property Listings — Lyman, SC

Demographics — Lyman, SC

Race and Ethnicity

Mortgage and Risk — Lyman, SC

Mortgages

Rentals and Section 8 — Lyman, SC

Section 8 Market Size

Section 8 Opportunity

Affordability — Lyman, SC

Home Price to Income Ratio

Lyman, SC — ZIP Code Boundary Map

Nearby ZIP Codes

Lyman, SC

Greer, SC

Startex

Duncan, SC

Greer, SC

Frequently Asked Questions

What is the average home price in Lyman, SC 29365?

How have home prices in Lyman, SC 29365 changed over the past year?

What is the home price projection for Lyman, SC 29365?

What are the demographics of Lyman, SC 29365?

How long does it take homes to sell in Lyman, SC 29365?

What is the average rent price in Lyman, SC 29365?