Conway, SC—29526
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Conway, SC
Home Price Trends — Conway, SC
As of Oct '25, the median home price in Conway, SC is $298,000, with a year-over-year change of -1.9%. This indicates that home prices in Conway, SC are decreasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $298,000 | -1.9% |
| Single Family | $302,000 | -1.9% |
| Condos | $140,000 | -9.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $117,000 | -7.9% |
2 Bed | $156,000 | -6.0% |
3 Bed | $294,000 | -1.7% |
4 Bed | $347,000 | -1.1% |
| 5 Bed | $384,000 | -0.8% |
% of Housing Stock
Rental Trends — Conway, SC
As of July '25, Rentcast reports the average rent in Conway, SC is $1,780, with a year-over-year rent change of -0.6%. Per bedroom, the median rent as of July '25 in Conway, SC is 1-bedrooms: $1,320, 2-bedrooms: $1,320, 3-bedrooms: $1,890, 4-bedrooms: $2,220. The most common rental property sizes in Conway, SC are 2-bedroom and 3-bedroom, accounting for 39.5% and 37.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,800 | $1,780 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,310 | $1,320 |
| 2 Bed Rent | $1,320 | $1,320 |
| 3 Bed Rent | $1,850 | $1,890 |
| 4 Bed Rent | $2,200 | $2,220 |
% of Rental Stock
Property Listings — Conway, SC
As of Oct '25, Realtor.com reports that the median days on market for a home in Conway, SC is 69. 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 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $319,000 | -2.0% |
Listing Count | 828 | 14.0% |
| Listings as % of Homes | 3.0% | 14.0% |
Days on Market | 69 | 2.0% |
Demographics — Conway, SC
As of the latest ACS Survey released in 2023, Conway, SC has a population of 51,200, which has increased by 10.4% over the past 5 years. Conway, SC is a moderately popular place for families, as children make up 16.9% of the population. The area has a poorly educated workforce, with 22.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 51,200 | 10.4% |
% Under 18 | 16.9% | 1.2% |
% Seniors | 21.1% | 10.5% |
% WFH | 6.3% | 43.2% |
% w/ College Degree | 22.6% | 21.5% |
As of the latest ACS Survey released in 2023, Conway, SC is a predominantly white area, with 73.6% of the population identifying as white. The white population has shrunk by 2.1% in the last 5 years. The second most common race or ethnicity in Conway, SC is black, making up 13.2% of the population. Foreign-born residents account for 4.6% of the population in Conway, SC, and this percentage has increased by 12.2% 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 | 73.6% | -2.1% |
% Black | 13.2% | -21.0% |
% Hispanic | 6.9% | 27.8% |
% Asian | 1.4% | 27.3% |
% Foreign Born | 4.6% | 12.2% |
Mortgage and Risk — Conway, SC
According to HUD data as of 2023, there were 1628 mortgage originations in Conway, SC, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Conway, SC. Investor activity is low, as 3.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,628 |
% Conventional Loans | 72.0% |
% Government Loans | 28.0% |
% Investor Loans | 3.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Conway, SC
As of 2024, the percent of homes in Conway, SC under the Section 8 program is 6.2%. 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. In Conway, 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 | 394 |
Total Units Section 8 | 284 |
% Rentals under Section 8 | 6.2% |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$240 | $1,310 | $1,070 |
| 2 Bedroom | -$70 | $1,320 | $1,250 |
| 3 Bedroom | -$280 | $1,850 | $1,570 |
| 4 Bedroom | -$360 | $2,200 | $1,840 |
Affordability — Conway, SC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.5 |
| Median Home Price | $298,000 |
| Median Household Income | $66,500 |