Moncks Corner, SC29461

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$364,000
0.3% YoY Growth
Median Household Income
$81,600
38.4% 5-Year Growth
Days on Market
48
19.0% Shorter than last year
Home Price Forecast
2.2%
Median Rent
$2,190
0.5% YoY Growth
1-Bed Rent
$1,580
28.3% YoY Growth
2-Bed Rent
$1,780
27.7% YoY Growth
3-Bed Rent
$2,160
5.4% YoY Growth

Other Zip Codes in Moncks Corner, SC

Property Listings — Moncks Corner, SC

As of Oct '25, Realtor.com reports that the median days on market for a home in Moncks Corner, SC is 48. This is a decrease of -19.0% 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 32.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$400,0004.0%
Listing Count
244-21.0%
Listings as % of Homes1.2%-21.0%
Days on Market
48-19.0%
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Demographics — Moncks Corner, SC

As of the latest ACS Survey released in 2023, Moncks Corner, SC has a population of 42,500, which has increased by 14.5% over the past 5 years. Moncks Corner, SC is a popular place for families, as children make up 25.3% of the population. The area has a poorly educated workforce, with 24.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.2% reporting working from home.

MetricLatest CensusYoY % Change
Population
42,50014.5%
% Under 18
25.3%2.8%
% Seniors
13.5%-6.9%
% WFH
9.2%124.4%
% w/ College Degree
24.9%29.0%
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As of the latest ACS Survey released in 2023, Moncks Corner, SC is a predominantly white area, with 61.1% of the population identifying as white. The white population has shrunk by 8.1% in the last 5 years. The second most common race or ethnicity in Moncks Corner, SC is black, making up 29.3% of the population. Foreign-born residents account for 3.0% of the population in Moncks Corner, SC, and this percentage has increased by 30.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
61.1%-8.1%
% Black
29.3%10.2%
% Hispanic
6.0%106.9%
% Asian
0.2%-50.0%
% Foreign Born
3.0%30.4%
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Mortgage and Risk — Moncks Corner, SC

According to HUD data as of 2023, there were 1208 mortgage originations in Moncks Corner, SC, of which 49.0% of loans were conventional mortgages. The average loan-to-value was 78.0%, with 53.0% above 90% LTV (very high). This implies large mortgage risk in Moncks Corner, SC. Investor activity is low, as 1.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
1,208
% Conventional Loans
49.0%
% Government Loans
51.0%
% Investor Loans
1.0%
% Second Loans
0.0%
% Cash Out Refinance
11.0%

Loan Activity

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Rentals and Section 8 — Moncks Corner, SC

As of 2024, the percent of homes in Moncks Corner, SC under the Section 8 program is 6.2%. 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. In Moncks Corner, SC, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.

Section 8 Market Size

Total Units under HUD
268
Total Units Section 8
183
% Rentals under Section 8
6.2%
% Occupied Section 8
83.7%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$250$1,580$1,330
2 Bedroom-$310$1,780$1,470
3 Bedroom-$340$2,160$1,820
4 Bedroom-$270$2,440$2,170

Affordability — Moncks Corner, SC

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio4.3
Median Home Price$364,000
Median Household Income$81,600

Moncks Corner, SC — ZIP Code Boundary Map

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Frequently Asked Questions