Nichols, SC 29581 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

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

21.0% Shorter YoY

Home Price Forecast

3.3%

Median Rent

$1,850

164.3% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

$1,850

N/A

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 Type	Median Home Value	YoY % Change
All Homes	$166,000	-7.0%
Single Family	$165,000	-6.2%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

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.

Type	Median Rent	Average Rent
Average Rent	$1,850	$1,850
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	$1,850	$1,850
4 Bed Rent	N/A	N/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.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$315,000	36.0%
Listing Count	29	108.0%
Listings as % of Homes	0.3%	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.

Metric	Latest Census	YoY % 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

Metric	Latest Census	5-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

Metric	Zip 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...

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 Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$1,070
2 Bedroom	N/A	N/A	$1,230
3 Bedroom	-$290	$1,850	$1,560
4 Bedroom	N/A	N/A	$1,810

Nichols, SC—29581

Key Metrics at a Glance

Home Price Trends — Nichols, SC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Nichols, SC

% of Rental Stock

Property Listings — Nichols, SC

Demographics — Nichols, SC

Race and Ethnicity

Mortgage and Risk — Nichols, SC

Mortgages

Rentals and Section 8 — Nichols, SC

Section 8 Market Size

Section 8 Opportunity

Affordability — Nichols, SC

Home Price to Income Ratio

Nichols, SC — ZIP Code Boundary Map

Nearby ZIP Codes

Green Sea, SC

Mullins, SC

Fork, SC

Lake View, SC

Galivants Ferry, SC

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.9
Median Home Price	$166,000
Median Household Income	$54,600

Nichols, SC—29581

Key Metrics at a Glance

Home Price Trends — Nichols, SC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Nichols, SC

% of Rental Stock

Property Listings — Nichols, SC

Demographics — Nichols, SC

Race and Ethnicity

Mortgage and Risk — Nichols, SC

Mortgages

Rentals and Section 8 — Nichols, SC

Section 8 Market Size

Section 8 Opportunity

Affordability — Nichols, SC

Home Price to Income Ratio

Nichols, SC — ZIP Code Boundary Map

Nearby ZIP Codes

Green Sea, SC

Mullins, SC

Fork, SC

Lake View, SC

Galivants Ferry, SC

Frequently Asked Questions

What is the average home price in Nichols, SC 29581?

How have home prices in Nichols, SC 29581 changed over the past year?

What is the home price projection for Nichols, SC 29581?

What are the demographics of Nichols, SC 29581?

How long does it take homes to sell in Nichols, SC 29581?

What is the average rent price in Nichols, SC 29581?