Pacolet, SC—29372
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Pacolet, SC
As of Oct '25, the median home price in Pacolet, SC is $154,000, with a year-over-year change of -4.0%. This indicates that home prices in Pacolet, SC are decreasing. 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 | $154,000 | -4.0% |
| Single Family | $155,000 | -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 | $117,000 | -2.5% |
3 Bed | $176,000 | -1.1% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Pacolet, SC
As of July '25, Rentcast reports the average rent in Pacolet, SC is $954, with a year-over-year rent change of 22.2%. Per bedroom, the median rent as of July '25 in Pacolet, SC is 1-bedrooms: $825, 2-bedrooms: $883, 3-bedrooms: $1,250. The most common rental property sizes in Pacolet, SC are 3-bedroom and 2-bedroom, accounting for 51.9% and 37.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $825 | $954 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $825 | $825 |
| 2 Bed Rent | $900 | $883 |
| 3 Bed Rent | $970 | $1,250 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Pacolet, SC
As of Oct '25, Realtor.com reports that the median days on market for a home in Pacolet, SC is 52. This is a increase of 17.0% 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 12.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $288,000 | 19.0% |
Listing Count | 16 | -25.0% |
| Listings as % of Homes | 0.7% | -25.0% |
Days on Market | 52 | 17.0% |
Demographics — Pacolet, SC
As of the latest ACS Survey released in 2023, Pacolet, SC has a population of 3,440, which has decreased by -17.4% over the past 5 years. Pacolet, SC is a moderately popular place for families, as children make up 17.0% of the population. The area has a poorly educated workforce, with 16.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,440 | -17.4% |
% Under 18 | 17.0% | -28.6% |
% Seniors | 24.6% | 68.5% |
% WFH | 2.1% | 600.0% |
% w/ College Degree | 16.9% | 128.4% |
As of the latest ACS Survey released in 2023, Pacolet, SC is a predominantly white area, with 78.7% of the population identifying as white. The white population has grown by 8.3% in the last 5 years. The second most common race or ethnicity in Pacolet, SC is black, making up 16.0% of the population. Foreign-born residents account for 1.9% of the population in Pacolet, SC, and this percentage has increased by 111.1% 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 | 78.7% | 8.3% |
% Black | 16.0% | -18.8% |
% Hispanic | 3.1% | -38.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 1.9% | 111.1% |
Mortgage and Risk — Pacolet, SC
According to HUD data as of 2023, there were 65 mortgage originations in Pacolet, SC, of which 40.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 48.0% above 90% LTV (very high). This implies large mortgage risk in Pacolet, SC. Investor activity is low, as 0.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 65 |
% Conventional Loans | 40.0% |
% Government Loans | 60.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Pacolet, SC
Pacolet, SC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 43 |
Total Units Section 8 | 18 |
% Rentals under Section 8 | 7.1% |
% Occupied Section 8 | 79.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $95 | $825 | $920 |
| 2 Bedroom | $130 | $900 | $1,030 |
| 3 Bedroom | $340 | $970 | $1,310 |
| 4 Bedroom | N/A | N/A | $1,390 |
Affordability — Pacolet, SC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $154,000 |
| Median Household Income | $52,600 |