View in Interactive Map

Ravenel, SC—29470

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$479,000
0.5% YoY Growth
Household Income
$69,800
30.2% YoY Growth
Days on Market
62
22.0% Longer YoY
Home Price Forecast
0.3%
Median Rent
$2,000
17.1% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
$2,000
5.2% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Ravenel, SC

As of May '26, the median home price in Ravenel, SC is $479,000, with a year-over-year change of -0.5%. This indicates that home prices in Ravenel, SC are flat. According to Zillow, the 1-year price projection is 0.3%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$479,000-0.5%
Single Family $478,000-0.8%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$321,000-0.9%
    3 Bed
    		$455,0000.0%
    4 Bed
    		$554,0001.1%
    5 Bed N/AN/A
    Loading chart...

    % of Housing Stock

    1 Bedroom
    1.2%
    2 Bedrooms
    10.1%
    3 Bedrooms
    53.4%
    4 Bedrooms
    29.5%
    5+ Bedrooms
    5.7%

    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.

    TypeMedian RentAverage Rent
    Average Rent$2,000$2,460
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent $2,000$2,210
    4 Bed Rent N/AN/A
    Loading chart...

    % 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 May '26, Realtor.com reports that the median days on market for a home in Ravenel, SC is 62. This is a increase of 22.0% 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 47.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$500,000-1.0%
    Listing Count
    		8668.0%
    Listings as % of Homes1.3%68.0%
    Days on Market
    		6222.0%
    Loading chart...

    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.

    MetricLatest CensusYoY % Change
    Population
    		5,87019.8%
    % Under 18
    		17.1%-8.6%
    % Seniors
    		19.6%50.8%
    % WFH
    		12.3%59.7%
    % w/ College Degree
    		38.8%102.1%
    Loading chart...

    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

    MetricLatest Census5-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%
    Loading chart...

    Mortgage and Risk — Ravenel, SC

    Ravenel, SC lacks sufficient mortgage origination data for analysis.

    Mortgages

    MetricZip 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
    Loading chart...
    Loading chart...

    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 SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$1,290
    2 BedroomN/AN/A$1,440
    3 Bedroom-$210$2,000$1,790
    4 BedroomN/AN/A$2,170

    Affordability — Ravenel, SC

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio6.1
    Median Home Price$479,000
    Median Household Income$69,800

    Ravenel, SC — ZIP Code Boundary Map

    Loading map...

    Nearby ZIP Codes

    Hollywood, SC

    29449

    Summerville, SC

    29485

    Charleston, SC

    29414

    Adams Run, SC

    29426

    Wadmalaw Island, SC

    29487

    Frequently Asked Questions