Mount Pleasant, SC—29466
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 $829,000, with a year-over-year change of -0.0%. This indicates that home prices in Mount Pleasant, SC are flat. According to Zillow, the 1-year price projection is 2.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $829,000 | -0.0% |
| Single Family | $870,000 | 0.0% |
| Condos | $377,000 | -4.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $273,000 | -6.5% |
2 Bed | $390,000 | -4.2% |
3 Bed | $659,000 | -0.6% |
4 Bed | $948,000 | 0.0% |
| 5 Bed | $1,274,000 | -0.3% |
% of Housing Stock
Rental Trends — Mount Pleasant, SC
As of July '25, Rentcast reports the average rent in Mount Pleasant, SC is $3,060, with a year-over-year rent change of -19.9%. Per bedroom, the median rent as of July '25 in Mount Pleasant, SC is studios: $1,790, 1-bedrooms: $1,980, 2-bedrooms: $2,460, 3-bedrooms: $3,250, 4-bedrooms: $4,790. The most common rental property sizes in Mount Pleasant, SC are 3-bedroom and 2-bedroom, accounting for 51.5% and 23.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,620 | $3,060 |
| Studio Rent | $1,760 | $1,790 |
| 1 Bed Rent | $1,950 | $1,980 |
| 2 Bed Rent | $2,430 | $2,460 |
| 3 Bed Rent | $3,200 | $3,250 |
| 4 Bed Rent | $4,300 | $4,790 |
% 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 48. This is a increase of 17.0% 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 38.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $898,000 | -9.0% |
Listing Count | 283 | 19.0% |
| Listings as % of Homes | 1.0% | 19.0% |
Days on Market | 48 | 17.0% |
Demographics — Mount Pleasant, SC
As of the latest ACS Survey released in 2023, Mount Pleasant, SC has a population of 44,400, which has increased by 16.0% over the past 5 years. Mount Pleasant, SC is a popular place for families, as children make up 26.7% of the population. The area has a highly educated workforce, with 62.3% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 25.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 44,400 | 16.0% |
% Under 18 | 26.7% | -8.2% |
% Seniors | 18.3% | 28.0% |
% WFH | 25.2% | 62.6% |
% w/ College Degree | 62.3% | 2.5% |
As of the latest ACS Survey released in 2023, Mount Pleasant, SC is a predominantly white area, with 86.6% of the population identifying as white. The white population has shrunk by 2.5% in the last 5 years. The second most common race or ethnicity in Mount Pleasant, SC is black, making up 6.1% of the population. Foreign-born residents account for 5.3% of the population in Mount Pleasant, SC, and this percentage has increased by 20.5% 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 | 86.6% | -2.5% |
% Black | 6.1% | -9.0% |
% Hispanic | 3.1% | 29.2% |
% Asian | 1.6% | 23.1% |
% Foreign Born | 5.3% | 20.5% |
Mortgage and Risk — Mount Pleasant, SC
According to HUD data as of 2023, there were 1410 mortgage originations in Mount Pleasant, SC, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 11.0% above 90% LTV (elevated). This implies medium mortgage risk in Mount Pleasant, 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
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,410 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 1.0% |
% Second Loans | 3.0% |
% 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 0.2%. 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. 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 | 8 |
Total Units Section 8 | 8 |
% Rentals under Section 8 | 0.2% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $350 | $1,950 | $2,300 |
| 2 Bedroom | $120 | $2,430 | $2,550 |
| 3 Bedroom | -$40 | $3,200 | $3,160 |
| 4 Bedroom | -$580 | $4,300 | $3,720 |
Affordability — Mount Pleasant, SC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.5 |
| Median Home Price | $829,000 |
| Median Household Income | $131,000 |