Mount Pleasant, SC—29464
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Mount Pleasant, SC
Home Price Trends — Mount Pleasant, SC
As of Oct '25, the median home price in Mount Pleasant, SC is $908,000, with a year-over-year change of 1.2%. This indicates that home prices in Mount Pleasant, SC are increasing. According to Zillow, the 1-year price projection is 2.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $908,000 | 1.2% |
| Single Family | $987,000 | 1.2% |
| Condos | $411,000 | -4.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $319,000 | -6.2% |
2 Bed | $420,000 | -3.0% |
3 Bed | $794,000 | 0.4% |
4 Bed | $1,281,000 | 2.3% |
| 5 Bed | $2,027,000 | 3.9% |
% of Housing Stock
Rental Trends — Mount Pleasant, SC
As of July '25, Rentcast reports the average rent in Mount Pleasant, SC is $2,850, with a year-over-year rent change of -19.5%. Per bedroom, the median rent as of July '25 in Mount Pleasant, SC is studios: $1,880, 1-bedrooms: $2,580, 2-bedrooms: $2,570, 3-bedrooms: $3,660, 4-bedrooms: $5,240. The most common rental property sizes in Mount Pleasant, SC are 2-bedroom and 3-bedroom, accounting for 38.7% and 31.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,300 | $2,850 |
| Studio Rent | $1,840 | $1,880 |
| 1 Bed Rent | $2,160 | $2,580 |
| 2 Bed Rent | $2,300 | $2,570 |
| 3 Bed Rent | $3,300 | $3,660 |
| 4 Bed Rent | $5,000 | $5,240 |
% of Rental Stock
Property Listings — Mount Pleasant, SC
As of Oct '25, Realtor.com reports that the median days on market for a home in Mount Pleasant, SC is 50. This is a increase of 24.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 36.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,100,000 | -1.0% |
Listing Count | 291 | 6.0% |
| Listings as % of Homes | 0.5% | 6.0% |
Days on Market | 50 | 24.0% |
Demographics — Mount Pleasant, SC
As of the latest ACS Survey released in 2023, Mount Pleasant, SC has a population of 51,800, which has remained stable by 0.7% over the past 5 years. Mount Pleasant, SC is a moderately popular place for families, as children make up 19.2% of the population. The area has a highly educated workforce, with 66.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 51,800 | 0.7% |
% Under 18 | 19.2% | -2.5% |
% Seniors | 19.2% | 9.7% |
% WFH | 22.6% | 169.0% |
% w/ College Degree | 66.6% | 13.1% |
As of the latest ACS Survey released in 2023, Mount Pleasant, SC is a predominantly white area, with 88.6% of the population identifying as white. The white population has grown by 4.1% in the last 5 years. The second most common race or ethnicity in Mount Pleasant, SC is black, making up 5.3% of the population. Foreign-born residents account for 4.6% of the population in Mount Pleasant, SC, and this percentage has decreased by 4.2% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 88.6% | 4.1% |
% Black | 5.3% | -31.2% |
% Hispanic | 2.6% | -13.3% |
% Asian | 1.5% | 7.1% |
% Foreign Born | 4.6% | -4.2% |
Mortgage and Risk — Mount Pleasant, SC
According to HUD data as of 2023, there were 871 mortgage originations in Mount Pleasant, SC, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 48.0%, with 10.0% above 90% LTV (elevated). This implies medium mortgage risk in Mount Pleasant, SC. Investor activity is low, as 3.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 871 |
% Conventional Loans | 96.0% |
% Government Loans | 4.0% |
% Investor Loans | 3.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Mount Pleasant, SC
As of 2024, the percent of homes in Mount Pleasant, SC under the Section 8 program is 0.1%. 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 and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Mount Pleasant, SC, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 43 |
Total Units Section 8 | 9 |
% Rentals under Section 8 | 0.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $70 | $2,160 | $2,230 |
| 2 Bedroom | $170 | $2,300 | $2,470 |
| 3 Bedroom | -$240 | $3,300 | $3,060 |
| 4 Bedroom | -$1,400 | $5,000 | $3,600 |
Affordability — Mount Pleasant, SC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.2 |
| Median Home Price | $908,000 |
| Median Household Income | $107,000 |