View in Interactive Map

Nichols, SC—29581

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$166,000
7.0% YoY Growth
Household Income
$54,600
55.2% YoY Growth
Days on Market
59
21.0% Shorter YoY
Home Price Forecast
3.3%
Median Rent
$1,850
164.3% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
$1,850
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Nichols, SC

As of Dec '25, the median home price in Nichols, SC is $166,000, with a year-over-year change of -7.0%. This indicates that home prices in Nichols, SC are decreasing. According to Zillow, the 1-year price projection is 3.3%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$166,000-7.0%
Single Family $165,000-6.2%
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
    		$150,000-7.4%
    3 Bed
    		$205,000-1.0%
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
    Loading chart...

    % of Housing Stock

    Studio
    1.8%
    1 Bedroom
    2.4%
    2 Bedrooms
    26.5%
    3 Bedrooms
    53.4%
    4 Bedrooms
    14.9%
    5+ Bedrooms
    1.1%

    Rental Trends — Nichols, SC

    As of July '25, Rentcast reports the average rent in Nichols, SC is $1,850, with a year-over-year rent change of 164.3%. Per bedroom, the median rent as of July '25 in Nichols, SC is 3-bedrooms: $1,850. The most common rental property sizes in Nichols, SC are 2-bedroom and 3-bedroom, accounting for 54.1% and 45.9% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,850$1,850
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent $1,850$1,850
    4 Bed Rent N/AN/A
    Loading chart...

    % of Rental Stock

    2 Bedrooms
    54.1%
    3 Bedrooms
    45.9%

    Property Listings — Nichols, SC

    As of Dec '25, Realtor.com reports that the median days on market for a home in Nichols, SC is 42. 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 0.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$315,00036.0%
    Listing Count
    		29108.0%
    Listings as % of Homes0.3%108.0%
    Days on Market
    		59-21.0%
    Loading chart...

    Demographics — Nichols, SC

    As of the latest ACS Survey released in 2023, Nichols, SC has a population of 4,600, which has decreased by -11.3% over the past 5 years. Nichols, SC is a moderately popular place for families, as children make up 24.5% of the population. The area has a poorly educated workforce, with 12.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.9% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		4,600-11.3%
    % Under 18
    		24.5%-9.3%
    % Seniors
    		16.3%-0.6%
    % WFH
    		1.9%∞%
    % w/ College Degree
    		12.1%-21.4%
    Loading chart...

    As of the latest ACS Survey released in 2023, Nichols, SC is a predominantly white area, with 72.2% of the population identifying as white. The white population has grown by 7.8% in the last 5 years. The second most common race or ethnicity in Nichols, SC is black, making up 24.7% of the population. Foreign-born residents account for 0.6% of the population in Nichols, SC, and this percentage has decreased by 68.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		72.2%7.8%
    % Black
    		24.7%-7.5%
    % Hispanic
    		0.5%-92.6%
    % Asian
    		0.1%∞%
    % Foreign Born
    		0.6%-68.4%
    Loading chart...

    Mortgage and Risk — Nichols, SC

    According to HUD data as of 2023, there were 42 mortgage originations in Nichols, SC, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Nichols, SC. Investor activity is low, as 0.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		42
    % Conventional Loans
    		71.0%
    % Government Loans
    		29.0%
    % Investor Loans
    		0.0%
    % Second Loans
    		2.0%
    % Cash Out Refinance
    		7.0%
    Loading chart...
    Loading chart...

    Rentals and Section 8 — Nichols, SC

    Nichols, SC lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		3
    Total Units Section 8
    		3
    % Rentals under Section 8
    		1.1%
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$1,070
    2 BedroomN/AN/A$1,230
    3 Bedroom-$290$1,850$1,560
    4 BedroomN/AN/A$1,810

    Affordability — Nichols, SC

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio2.9
    Median Home Price$166,000
    Median Household Income$54,600

    Nichols, SC — ZIP Code Boundary Map

    Loading map...

    Nearby ZIP Codes

    Green Sea, SC

    29545

    Mullins, SC

    29574

    Fork, SC

    29543

    Lake View, SC

    29563

    Galivants Ferry, SC

    29544

    Frequently Asked Questions