Waterloo, SC—29384
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Waterloo, SC
As of Oct '25, the median home price in Waterloo, SC is $195,000, with a year-over-year change of -15.8%. This indicates that home prices in Waterloo, SC are decreasing. According to Zillow, the 1-year price projection is 2.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $195,000 | -15.8% |
| Single Family | $194,000 | -15.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $212,000 | -7.8% |
3 Bed | $284,000 | -3.7% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Waterloo, SC
Waterloo, SC lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| 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 | N/A | N/A |
% of Rental Stock
Property Listings — Waterloo, SC
As of Oct '25, Realtor.com reports that the median days on market for a home in Waterloo, SC is 44. This is a decrease of -39.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 30.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $500,000 | -12.0% |
Listing Count | 20 | 43.0% |
| Listings as % of Homes | 0.3% | 43.0% |
Days on Market | 44 | -39.0% |
Demographics — Waterloo, SC
As of the latest ACS Survey released in 2023, Waterloo, SC has a population of 3,440, which has decreased by -17.0% over the past 5 years. Waterloo, SC is a moderately popular place for families, as children make up 15.5% of the population. The area has a poorly educated workforce, with 21.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,440 | -17.0% |
% Under 18 | 15.5% | -6.6% |
% Seniors | 24.6% | 29.5% |
% WFH | 7.7% | 305.3% |
% w/ College Degree | 21.0% | 82.6% |
As of the latest ACS Survey released in 2023, Waterloo, SC is a predominantly white area, with 77.2% of the population identifying as white. The white population has shrunk by 10.1% in the last 5 years. The second most common race or ethnicity in Waterloo, SC is black, making up 14.9% of the population. Foreign-born residents account for 2.0% of the population in Waterloo, SC, and this percentage has increased by Inf% 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 | 77.2% | -10.1% |
% Black | 14.9% | 15.5% |
% Hispanic | 1.0% | 400.0% |
% Asian | 0.9% | ∞% |
% Foreign Born | 2.0% | ∞% |
Mortgage and Risk — Waterloo, SC
According to HUD data as of 2023, there were 68 mortgage originations in Waterloo, SC, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Waterloo, SC. Investor activity is low, as 1.0% 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 | 68 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 1.0% |
% Second Loans | 9.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Waterloo, SC
Waterloo, SC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 1.2% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $710 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | N/A | N/A | $1,130 |
| 4 Bedroom | N/A | N/A | $1,320 |
Affordability — Waterloo, SC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.8 |
| Median Home Price | $195,000 |
| Median Household Income | $50,600 |