Walterboro, SC—29488
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Walterboro, SC
Walterboro, SC lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $209,000 | -3.8% |
| Single Family | $209,000 | -4.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $143,000 | -9.5% |
3 Bed | $211,000 | -3.2% |
4 Bed | $304,000 | -1.3% |
| 5 Bed | $424,000 | -1.2% |
% of Housing Stock
Rental Trends — Walterboro, SC
As of July '25, Rentcast reports the average rent in Walterboro, SC is $1,440, with a year-over-year rent change of 18.0%. Per bedroom, the median rent as of July '25 in Walterboro, SC is 1-bedrooms: $877, 2-bedrooms: $1,440, 3-bedrooms: $1,860. The most common rental property sizes in Walterboro, SC are 3-bedroom and 2-bedroom, accounting for 57.6% and 31.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,440 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,000 | $877 |
| 2 Bed Rent | $1,400 | $1,440 |
| 3 Bed Rent | $1,650 | $1,860 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Walterboro, SC
As of Oct '25, Realtor.com reports that the median days on market for a home in Walterboro, SC is 74. This is a increase of 9.0% 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 13.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $289,000 | -3.0% |
Listing Count | 111 | 30.0% |
| Listings as % of Homes | 0.7% | 30.0% |
Days on Market | 74 | 9.0% |
Demographics — Walterboro, SC
As of the latest ACS Survey released in 2023, Walterboro, SC has a population of 22,400, which has increased by 1.4% over the past 5 years. Walterboro, SC is a moderately popular place for families, as children make up 24.0% of the population. The area has a poorly educated workforce, with 18.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 22,400 | 1.4% |
% Under 18 | 24.0% | -4.0% |
% Seniors | 18.4% | 2.2% |
% WFH | 5.8% | 286.7% |
% w/ College Degree | 18.0% | 17.6% |
As of the latest ACS Survey released in 2023, Walterboro, SC is a predominantly white area, with 53.5% of the population identifying as white. The white population has shrunk by 1.5% in the last 5 years. The second most common race or ethnicity in Walterboro, SC is black, making up 38.7% of the population. Foreign-born residents account for 2.1% of the population in Walterboro, SC, and this percentage has decreased by 46.2% 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 | 53.5% | -1.5% |
% Black | 38.7% | -2.8% |
% Hispanic | 3.8% | 2.7% |
% Asian | 0.8% | ∞% |
% Foreign Born | 2.1% | -46.2% |
Mortgage and Risk — Walterboro, SC
According to HUD data as of 2023, there were 346 mortgage originations in Walterboro, SC, of which 63.0% of loans were conventional mortgages. The average loan-to-value was 78.0%, with 39.0% above 90% LTV (very high). This implies large mortgage risk in Walterboro, SC. Investor activity is low, as 5.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 346 |
% Conventional Loans | 63.0% |
% Government Loans | 37.0% |
% Investor Loans | 5.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Walterboro, SC
Walterboro, SC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 398 |
Total Units Section 8 | 398 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 89.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$240 | $1,000 | $760 |
| 2 Bedroom | -$470 | $1,400 | $930 |
| 3 Bedroom | -$530 | $1,650 | $1,120 |
| 4 Bedroom | N/A | N/A | $1,580 |
Affordability — Walterboro, SC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4 |
| Median Home Price | $209,000 |
| Median Household Income | $47,100 |