Mullins, SC—29574
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mullins, SC
Mullins, SC lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $123,000 | -8.9% |
| Single Family | $123,000 | -8.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $96,000 | -10.3% |
3 Bed | $144,000 | -4.6% |
4 Bed | $221,000 | 0.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Mullins, SC
As of July '25, Rentcast reports the average rent in Mullins, SC is $639, with a year-over-year rent change of -48.9%. Per bedroom, the median rent as of July '25 in Mullins, SC is 1-bedrooms: $678, 2-bedrooms: $600. The most common rental property sizes in Mullins, SC are 3-bedroom and 2-bedroom, accounting for 52.7% and 21.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $600 | $639 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $678 | $678 |
| 2 Bed Rent | $600 | $600 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Mullins, SC
As of Oct '25, Realtor.com reports that the median days on market for a home in Mullins, SC is 101. This is a increase of 85.0% 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 37.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $177,000 | 1.0% |
Listing Count | 43 | 5.0% |
| Listings as % of Homes | 0.5% | 5.0% |
Days on Market | 101 | 85.0% |
Demographics — Mullins, SC
As of the latest ACS Survey released in 2023, Mullins, SC has a population of 9,380, which has decreased by -18.0% over the past 5 years. Mullins, SC is a moderately popular place for families, as children make up 24.7% of the population. The area has a poorly educated workforce, with 11.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,380 | -18.0% |
% Under 18 | 24.7% | 16.0% |
% Seniors | 21.9% | 18.4% |
% WFH | 2.6% | 62.5% |
% w/ College Degree | 11.9% | -20.7% |
As of the latest ACS Survey released in 2023, Mullins, SC is a predominantly black area, with 57.1% of the population identifying as black. The black population has grown by 10.7% in the last 5 years. The second most common race or ethnicity in Mullins, SC is white, making up 39.7% of the population. Foreign-born residents account for 1.1% of the population in Mullins, SC, and this percentage has decreased by 62.1% 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 | 39.7% | -8.9% |
% Black | 57.1% | 10.7% |
% Hispanic | 0.4% | -87.5% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 1.1% | -62.1% |
Mortgage and Risk — Mullins, SC
According to HUD data as of 2023, there were 99 mortgage originations in Mullins, SC, of which 65.0% of loans were conventional mortgages. The average loan-to-value was 78.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Mullins, SC. Investor activity is low, as 8.0% 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 | 99 |
% Conventional Loans | 65.0% |
% Government Loans | 35.0% |
% Investor Loans | 8.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Mullins, SC
Mullins, SC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 315 |
Total Units Section 8 | 54 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $202 | $678 | $880 |
| 2 Bedroom | $370 | $600 | $970 |
| 3 Bedroom | N/A | N/A | $1,300 |
| 4 Bedroom | N/A | N/A | $1,630 |
Affordability — Mullins, SC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $123,000 |
| Median Household Income | $32,700 |