Ravenel, SC 29470 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Ravenel, SC—29470

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$486,000

0.3% YoY Growth

Household Income

$69,800

30.2% YoY Growth

Days on Market

0.0% Longer YoY

Home Price Forecast

2.7%

Median Rent

$2,000

17.1% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

$2,000

5.2% YoY Growth

Home Price Trends — Ravenel, SC

As of Dec '25, the median home price in Ravenel, SC is $486,000, with a year-over-year change of -0.3%. This indicates that home prices in Ravenel, SC are flat. 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	$486,000	-0.3%
Single Family	$484,000	0.0%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Ravenel, SC

As of July '25, Rentcast reports the average rent in Ravenel, SC is $2,460, with a year-over-year rent change of 17.1%. Per bedroom, the median rent as of July '25 in Ravenel, SC is 3-bedrooms: $2,210. The most common rental property sizes in Ravenel, SC are 3-bedroom and 2-bedroom, accounting for 72.8% and 10.9% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,000	$2,460
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	$2,000	$2,210
4 Bed Rent	N/A	N/A

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% of Rental Stock

1 Bedroom

7.3%

2 Bedrooms

10.9%

3 Bedrooms

72.8%

4 Bedrooms

9.0%

Property Listings — Ravenel, SC

As of Dec '25, Realtor.com reports that the median days on market for a home in Ravenel, SC is 78. This is a increase of 2.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$524,000	19.0%
Listing Count	48	-39.0%
Listings as % of Homes	1.3%	-39.0%
Days on Market	53	0.0%

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Demographics — Ravenel, SC

As of the latest ACS Survey released in 2023, Ravenel, SC has a population of 5,870, which has increased by 19.8% over the past 5 years. Ravenel, SC is a moderately popular place for families, as children make up 17.1% of the population. The area has a moderately educated workforce, with 38.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	5,870	19.8%
% Under 18	17.1%	-8.6%
% Seniors	19.6%	50.8%
% WFH	12.3%	59.7%
% w/ College Degree	38.8%	102.1%

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As of the latest ACS Survey released in 2023, Ravenel, SC is a predominantly black area, with 46.6% of the population identifying as black. The black population has grown by 89.4% in the last 5 years. The second most common race or ethnicity in Ravenel, SC is white, making up 45.7% of the population. Foreign-born residents account for 6.8% of the population in Ravenel, SC, and this percentage has increased by 58.1% 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	45.7%	-32.2%
% Black	46.6%	89.4%
% Hispanic	5.4%	-26.0%
% Asian	0.5%	∞%
% Foreign Born	6.8%	58.1%

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Mortgage and Risk — Ravenel, SC

Ravenel, SC lacks sufficient mortgage origination data for analysis.

Mortgages

Metric	Zip Code Average
Total Loan Originations	N/A
% Conventional Loans	N/A
% Government Loans	N/A
% Investor Loans	N/A
% Second Loans	N/A
% Cash Out Refinance	N/A

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Rentals and Section 8 — Ravenel, SC

Ravenel, SC lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	12
Total Units Section 8	11
% Rentals under Section 8	3.9%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$1,290
2 Bedroom	N/A	N/A	$1,440
3 Bedroom	-$210	$2,000	$1,790
4 Bedroom	N/A	N/A	$2,170

Ravenel, SC—29470

Key Metrics at a Glance

Home Price Trends — Ravenel, SC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Ravenel, SC

% of Rental Stock

Property Listings — Ravenel, SC

Demographics — Ravenel, SC

Race and Ethnicity

Mortgage and Risk — Ravenel, SC

Mortgages

Rentals and Section 8 — Ravenel, SC

Section 8 Market Size

Section 8 Opportunity

Affordability — Ravenel, SC

Home Price to Income Ratio

Ravenel, SC — ZIP Code Boundary Map

Nearby ZIP Codes

Hollywood, SC

Summerville, SC

Charleston, SC

Adams Run, SC

Wadmalaw Island, SC

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	6.2
Median Home Price	$486,000
Median Household Income	$69,800

Ravenel, SC—29470

Key Metrics at a Glance

Home Price Trends — Ravenel, SC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Ravenel, SC

% of Rental Stock

Property Listings — Ravenel, SC

Demographics — Ravenel, SC

Race and Ethnicity

Mortgage and Risk — Ravenel, SC

Mortgages

Rentals and Section 8 — Ravenel, SC

Section 8 Market Size

Section 8 Opportunity

Affordability — Ravenel, SC

Home Price to Income Ratio

Ravenel, SC — ZIP Code Boundary Map

Nearby ZIP Codes

Hollywood, SC

Summerville, SC

Charleston, SC

Adams Run, SC

Wadmalaw Island, SC

Frequently Asked Questions

What is the average home price in Ravenel, SC 29470?

How have home prices in Ravenel, SC 29470 changed over the past year?

What is the home price projection for Ravenel, SC 29470?

What are the demographics of Ravenel, SC 29470?

How long does it take homes to sell in Ravenel, SC 29470?

What is the average rent price in Ravenel, SC 29470?