Georgetown, SC—29440
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Georgetown, SC
As of Oct '25, the median home price in Georgetown, SC is $242,000, with a year-over-year change of -2.7%. This indicates that home prices in Georgetown, SC are decreasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $242,000 | -2.7% |
| Single Family | $239,000 | -2.8% |
| Condos | $419,000 | -0.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $175,000 | -1.7% |
3 Bed | $273,000 | -1.8% |
4 Bed | $451,000 | 1.1% |
| 5 Bed | $1,736,000 | 8.4% |
% of Housing Stock
Rental Trends — Georgetown, SC
As of July '25, Rentcast reports the average rent in Georgetown, SC is $1,530, with a year-over-year rent change of -14.5%. Per bedroom, the median rent as of July '25 in Georgetown, SC is 1-bedrooms: $1,340, 2-bedrooms: $1,260, 3-bedrooms: $1,580, 4-bedrooms: $2,950. The most common rental property sizes in Georgetown, SC are 3-bedroom and 2-bedroom, accounting for 53.9% and 27.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,530 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,350 | $1,340 |
| 2 Bed Rent | $1,240 | $1,260 |
| 3 Bed Rent | $1,600 | $1,580 |
| 4 Bed Rent | $2,400 | $2,950 |
% of Rental Stock
Property Listings — Georgetown, SC
As of Oct '25, Realtor.com reports that the median days on market for a home in Georgetown, SC is 79. This is a increase of 1.0% from last year, suggesting that homes are sitting on the market about the same amount of time 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 | $423,000 | 4.0% |
Listing Count | 183 | 3.0% |
| Listings as % of Homes | 0.8% | 3.0% |
Days on Market | 79 | 1.0% |
Demographics — Georgetown, SC
As of the latest ACS Survey released in 2023, Georgetown, SC has a population of 26,400, which has decreased by -5.3% over the past 5 years. Georgetown, SC is a moderately popular place for families, as children make up 19.0% of the population. The area has a poorly educated workforce, with 23.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 26,400 | -5.3% |
% Under 18 | 19.0% | -19.5% |
% Seniors | 25.8% | 33.7% |
% WFH | 4.7% | 147.4% |
% w/ College Degree | 23.1% | 33.5% |
As of the latest ACS Survey released in 2023, Georgetown, SC is a predominantly white area, with 51.8% of the population identifying as white. The white population has grown by 4.0% in the last 5 years. The second most common race or ethnicity in Georgetown, SC is black, making up 44.8% of the population. Foreign-born residents account for 2.8% of the population in Georgetown, SC, and this percentage has increased by 75.0% 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 | 51.8% | 4.0% |
% Black | 44.8% | -1.3% |
% Hispanic | 2.4% | 0.0% |
% Asian | 0.2% | 100.0% |
% Foreign Born | 2.8% | 75.0% |
Mortgage and Risk — Georgetown, SC
According to HUD data as of 2023, there were 333 mortgage originations in Georgetown, SC, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Georgetown, SC. Investor activity is low, as 2.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 333 |
% Conventional Loans | 72.0% |
% Government Loans | 28.0% |
% Investor Loans | 2.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Georgetown, SC
Georgetown, SC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 455 |
Total Units Section 8 | 199 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 71.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$560 | $1,350 | $790 |
| 2 Bedroom | -$210 | $1,240 | $1,030 |
| 3 Bedroom | -$260 | $1,600 | $1,340 |
| 4 Bedroom | -$910 | $2,400 | $1,490 |
Affordability — Georgetown, SC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $242,000 |
| Median Household Income | $54,900 |