Woodruff, SC 29388 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Woodruff, SC—29388

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$290,000

0.2% YoY Growth

Household Income

$77,200

63.4% YoY Growth

Days on Market

17.0% Shorter YoY

Home Price Forecast

2.9%

Median Rent

$2,050

4.9% YoY Growth

1-Bed Rent

$850

13.3% YoY Growth

2-Bed Rent

$1,300

27.1% YoY Growth

3-Bed Rent

$2,000

0.0% YoY Growth

Home Price Trends — Woodruff, SC

As of Dec '25, the median home price in Woodruff, SC is $290,000, 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 2.9%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$290,000	0.2%
Single Family	$290,000	0.3%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

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

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% of Rental Stock

Studio

3.0%

1 Bedroom

13.4%

2 Bedrooms

47.8%

3 Bedrooms

24.4%

4 Bedrooms

10.0%

5+ Bedrooms

1.4%

Property Listings — Woodruff, SC

As of Dec '25, Realtor.com reports that the median days on market for a home in Woodruff, SC is 58. This is a decrease of -20.0% 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	$296,000	-1.0%
Listing Count	240	77.0%
Listings as % of Homes	1.3%	77.0%
Days on Market	69	-17.0%

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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%

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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%

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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%

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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

Woodruff, SC—29388

Key Metrics at a Glance

Home Price Trends — Woodruff, SC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Woodruff, SC

% of Rental Stock

Property Listings — Woodruff, SC

Demographics — Woodruff, SC

Race and Ethnicity

Mortgage and Risk — Woodruff, SC

Mortgages

Rentals and Section 8 — Woodruff, SC

Section 8 Market Size

Section 8 Opportunity

Affordability — Woodruff, SC

Home Price to Income Ratio

Woodruff, SC — ZIP Code Boundary Map

Nearby ZIP Codes

Moore, SC

Roebuck, SC

Reidville

Duncan, SC

Spartanburg, SC

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.4
Median Home Price	$290,000
Median Household Income	$77,200

Woodruff, SC—29388

Key Metrics at a Glance

Home Price Trends — Woodruff, SC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Woodruff, SC

% of Rental Stock

Property Listings — Woodruff, SC

Demographics — Woodruff, SC

Race and Ethnicity

Mortgage and Risk — Woodruff, SC

Mortgages

Rentals and Section 8 — Woodruff, SC

Section 8 Market Size

Section 8 Opportunity

Affordability — Woodruff, SC

Home Price to Income Ratio

Woodruff, SC — ZIP Code Boundary Map

Nearby ZIP Codes

Moore, SC

Roebuck, SC

Reidville

Duncan, SC

Spartanburg, SC

Frequently Asked Questions

What is the average home price in Woodruff, SC 29388?

How have home prices in Woodruff, SC 29388 changed over the past year?

What is the home price projection for Woodruff, SC 29388?

What are the demographics of Woodruff, SC 29388?

How long does it take homes to sell in Woodruff, SC 29388?

What is the average rent price in Woodruff, SC 29388?