Woodruff, SC—29388
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Woodruff, SC
As of Oct '25, the median home price in Woodruff, SC is $289,000, with a year-over-year change of 0.2%. This indicates that home prices in Woodruff, SC are flat. 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 | $289,000 | 0.2% |
| Single Family | $289,000 | 0.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $147,000 | 0.0% |
3 Bed | $272,000 | 0.0% |
4 Bed | $342,000 | -1.2% |
| 5 Bed | $390,000 | 0.3% |
% of Housing Stock
Rental Trends — Woodruff, SC
As of July '25, Rentcast reports the average rent in Woodruff, SC is $1,930, with a year-over-year rent change of 4.9%. Per bedroom, the median rent as of July '25 in Woodruff, SC is studios: $2,500, 1-bedrooms: $850, 2-bedrooms: $1,270, 3-bedrooms: $1,970, 4-bedrooms: $2,170. The most common rental property sizes in Woodruff, SC are 2-bedroom and 3-bedroom, accounting for 47.8% and 24.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,050 | $1,930 |
| Studio Rent | $2,500 | $2,500 |
| 1 Bed Rent | $850 | $850 |
| 2 Bed Rent | $1,300 | $1,270 |
| 3 Bed Rent | $2,000 | $1,970 |
| 4 Bed Rent | $2,150 | $2,170 |
% of Rental Stock
Property Listings — Woodruff, SC
As of Oct '25, Realtor.com reports that the median days on market for a home in Woodruff, SC is 55. This is a decrease of -17.0% 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 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $316,000 | 0.0% |
Listing Count | 232 | 54.0% |
| Listings as % of Homes | 1.3% | 54.0% |
Days on Market | 55 | -17.0% |
Demographics — Woodruff, SC
As of the latest ACS Survey released in 2023, Woodruff, SC has a population of 16,000, which has increased by 1.9% over the past 5 years. Woodruff, SC is a moderately popular place for families, as children make up 21.0% of the population. The area has a moderately educated workforce, with 25.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 16,000 | 1.9% |
% Under 18 | 21.0% | -11.8% |
% Seniors | 14.5% | -8.8% |
% WFH | 7.9% | 507.7% |
% w/ College Degree | 25.5% | 26.2% |
As of the latest ACS Survey released in 2023, Woodruff, SC is a predominantly white area, with 78.1% of the population identifying as white. The white population has grown by 2.8% in the last 5 years. The second most common race or ethnicity in Woodruff, SC is black, making up 12.9% of the population. Foreign-born residents account for 4.0% of the population in Woodruff, SC, and this percentage has increased by 37.9% 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 | 78.1% | 2.8% |
% Black | 12.9% | -24.6% |
% Hispanic | 6.0% | 93.5% |
% Asian | 0.5% | 66.7% |
% Foreign Born | 4.0% | 37.9% |
Mortgage and Risk — Woodruff, SC
According to HUD data as of 2023, there were 701 mortgage originations in Woodruff, SC, of which 62.0% of loans were conventional mortgages. The average loan-to-value was 76.0%, with 45.0% above 90% LTV (very high). This implies large mortgage risk in Woodruff, SC. Investor activity is low, as 2.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 701 |
% Conventional Loans | 62.0% |
% Government Loans | 38.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Woodruff, SC
As of 2024, the percent of homes in Woodruff, SC under the Section 8 program is 1.6%. 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 units appear to be good home sizes to consider for Section 8 housing in Woodruff, SC, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 170 |
Total Units Section 8 | 24 |
% Rentals under Section 8 | 1.6% |
% Occupied Section 8 | 79.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $70 | $850 | $920 |
| 2 Bedroom | -$270 | $1,300 | $1,030 |
| 3 Bedroom | -$690 | $2,000 | $1,310 |
| 4 Bedroom | -$760 | $2,150 | $1,390 |
Affordability — Woodruff, SC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $289,000 |
| Median Household Income | $77,200 |