Pelzer, SC 29669 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Pelzer, SC—29669

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$272,000

3.4% YoY Growth

Household Income

$65,600

39.0% YoY Growth

Days on Market

31.0% Longer YoY

Home Price Forecast

0.7%

Median Rent

$1,120

3.0% YoY Growth

1-Bed Rent

$775

10.2% YoY Growth

2-Bed Rent

$1,000

4.0% YoY Growth

3-Bed Rent

$1,120

23.3% YoY Growth

Home Price Trends — Pelzer, SC

As of May '26, the median home price in Pelzer, SC is $272,000, with a year-over-year change of 3.4%. This indicates that home prices in Pelzer, SC are increasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$272,000	3.4%
Single Family	$272,000	3.8%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Pelzer, SC

As of July '25, Rentcast reports the average rent in Pelzer, SC is $1,360, with a year-over-year rent change of 3.0%. Per bedroom, the median rent as of July '25 in Pelzer, SC is studios: $325, 1-bedrooms: $937, 2-bedrooms: $1,040, 3-bedrooms: $1,120, 4-bedrooms: $2,010. The most common rental property sizes in Pelzer, SC are 2-bedroom and 3-bedroom, accounting for 45.9% and 38.3% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,120	$1,360
Studio Rent	$325	$325
1 Bed Rent	$775	$937
2 Bed Rent	$1,000	$1,040
3 Bed Rent	$1,120	$1,120
4 Bed Rent	$1,900	$2,010

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% of Rental Stock

Studio

0.2%

1 Bedroom

9.0%

2 Bedrooms

45.9%

3 Bedrooms

38.3%

4 Bedrooms

6.5%

Property Listings — Pelzer, SC

As of May '26, Realtor.com reports that the median days on market for a home in Pelzer, SC is 51. This is a increase of 31.0% 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 33.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$450,000	26.0%
Listing Count	61	50.0%
Listings as % of Homes	0.6%	50.0%
Days on Market	51	31.0%

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Demographics — Pelzer, SC

As of the latest ACS Survey released in 2023, Pelzer, SC has a population of 14,700, which has increased by 22.0% over the past 5 years. Pelzer, SC is a popular place for families, as children make up 26.1% of the population. The area has a poorly educated workforce, with 21.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.0% reporting working from home.

Metric	Latest Census	YoY % Change
Population	14,700	22.0%
% Under 18	26.1%	16.5%
% Seniors	16.5%	0.0%
% WFH	6.0%	300.0%
% w/ College Degree	21.8%	84.7%

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As of the latest ACS Survey released in 2023, Pelzer, SC is a predominantly white area, with 78.9% of the population identifying as white. The white population has shrunk by 5.5% in the last 5 years. The second most common race or ethnicity in Pelzer, SC is hispanic, making up 11.9% of the population. Foreign-born residents account for 2.8% of the population in Pelzer, SC, and this percentage has decreased by 12.5% 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	78.9%	-5.5%
% Black	6.8%	-19.0%
% Hispanic	11.9%	88.9%
% Asian	0.2%	∞%
% Foreign Born	2.8%	-12.5%

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Mortgage and Risk — Pelzer, SC

According to HUD data as of 2023, there were 181 mortgage originations in Pelzer, SC, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Pelzer, SC. Investor activity is low, as 1.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	181
% Conventional Loans	73.0%
% Government Loans	27.0%
% Investor Loans	1.0%
% Second Loans	1.0%
% Cash Out Refinance	13.0%

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Rentals and Section 8 — Pelzer, SC

As of 2024, the percent of homes in Pelzer, SC under the Section 8 program is 1.7%. 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. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Pelzer, SC, because HUD payments exceed market rent, while 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	11
Total Units Section 8	11
% Rentals under Section 8	1.7%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$195	$775	$970
2 Bedroom	$90	$1,000	$1,090
3 Bedroom	$230	$1,120	$1,350
4 Bedroom	-$280	$1,900	$1,620

Pelzer, SC—29669

Key Metrics at a Glance

Home Price Trends — Pelzer, SC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Pelzer, SC

% of Rental Stock

Property Listings — Pelzer, SC

Demographics — Pelzer, SC

Race and Ethnicity

Mortgage and Risk — Pelzer, SC

Mortgages

Rentals and Section 8 — Pelzer, SC

Section 8 Market Size

Section 8 Opportunity

Affordability — Pelzer, SC

Home Price to Income Ratio

Pelzer, SC — ZIP Code Boundary Map

Nearby ZIP Codes

Piedmont, SC

Williamston, SC

Simpsonville, SC

Belton, SC

Greenville, SC

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.7
Median Home Price	$272,000
Median Household Income	$65,600

Pelzer, SC—29669

Key Metrics at a Glance

Home Price Trends — Pelzer, SC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Pelzer, SC

% of Rental Stock

Property Listings — Pelzer, SC

Demographics — Pelzer, SC

Race and Ethnicity

Mortgage and Risk — Pelzer, SC

Mortgages

Rentals and Section 8 — Pelzer, SC

Section 8 Market Size

Section 8 Opportunity

Affordability — Pelzer, SC

Home Price to Income Ratio

Pelzer, SC — ZIP Code Boundary Map

Nearby ZIP Codes

Piedmont, SC

Williamston, SC

Simpsonville, SC

Belton, SC

Greenville, SC

Frequently Asked Questions

What is the average home price in Pelzer, SC 29669?

How have home prices in Pelzer, SC 29669 changed over the past year?

What is the home price projection for Pelzer, SC 29669?

What are the demographics of Pelzer, SC 29669?

How long does it take homes to sell in Pelzer, SC 29669?

What is the average rent price in Pelzer, SC 29669?