Ridgeville, SC—29472
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Ridgeville, SC
As of Oct '25, the median home price in Ridgeville, SC is $307,000, with a year-over-year change of -2.6%. This indicates that home prices in Ridgeville, SC are decreasing. According to Zillow, the 1-year price projection is 2.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $307,000 | -2.6% |
| Single Family | $306,000 | -2.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $216,000 | -3.1% |
3 Bed | $362,000 | 0.6% |
4 Bed | $450,000 | -0.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Ridgeville, SC
As of July '25, Rentcast reports the average rent in Ridgeville, SC is $1,860, with a year-over-year rent change of -9.3%. Per bedroom, the median rent as of July '25 in Ridgeville, SC is 1-bedrooms: $1,640, 2-bedrooms: $1,930, 3-bedrooms: $2,160, 4-bedrooms: $2,950. The most common rental property sizes in Ridgeville, SC are 3-bedroom and 2-bedroom, accounting for 55.6% and 23.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,800 | $1,860 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,720 | $1,640 |
| 2 Bed Rent | $1,810 | $1,930 |
| 3 Bed Rent | $2,180 | $2,160 |
| 4 Bed Rent | $2,950 | $2,950 |
% of Rental Stock
Property Listings — Ridgeville, SC
As of Oct '25, Realtor.com reports that the median days on market for a home in Ridgeville, SC is 74. This is a decrease of -12.0% 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 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $442,000 | 3.0% |
Listing Count | 61 | 64.0% |
| Listings as % of Homes | 1.0% | 64.0% |
Days on Market | 74 | -12.0% |
Demographics — Ridgeville, SC
As of the latest ACS Survey released in 2023, Ridgeville, SC has a population of 11,500, which has increased by 24.8% over the past 5 years. Ridgeville, SC is a moderately popular place for families, as children make up 19.8% of the population. The area has a poorly educated workforce, with 16.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 11,500 | 24.8% |
% Under 18 | 19.8% | 21.5% |
% Seniors | 14.5% | 2.1% |
% WFH | 6.5% | 150.0% |
% w/ College Degree | 16.5% | 44.7% |
As of the latest ACS Survey released in 2023, Ridgeville, SC is a predominantly white area, with 60.2% of the population identifying as white. The white population has grown by 31.2% in the last 5 years. The second most common race or ethnicity in Ridgeville, SC is black, making up 27.2% of the population. Foreign-born residents account for 5.1% of the population in Ridgeville, SC, and this percentage has increased by 168.4% 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 | 60.2% | 31.2% |
% Black | 27.2% | -36.4% |
% Hispanic | 6.0% | 42.9% |
% Asian | 0.1% | 0.0% |
% Foreign Born | 5.1% | 168.4% |
Mortgage and Risk — Ridgeville, SC
According to HUD data as of 2023, there were 211 mortgage originations in Ridgeville, SC, of which 69.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Ridgeville, SC. Investor activity is low, as 1.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 211 |
% Conventional Loans | 69.0% |
% Government Loans | 31.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 18.0% |
Loan Activity
Rentals and Section 8 — Ridgeville, SC
As of 2024, the percent of homes in Ridgeville, SC under the Section 8 program is 2.1%. 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. In Ridgeville, 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 | 11 |
Total Units Section 8 | 11 |
% Rentals under Section 8 | 2.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$380 | $1,720 | $1,340 |
| 2 Bedroom | -$310 | $1,810 | $1,500 |
| 3 Bedroom | -$330 | $2,180 | $1,850 |
| 4 Bedroom | -$740 | $2,950 | $2,210 |
Affordability — Ridgeville, SC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $307,000 |
| Median Household Income | $73,200 |