Pickens, SC—29671
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Pickens, SC
As of Oct '25, the median home price in Pickens, SC is $269,000, with a year-over-year change of 1.5%. This indicates that home prices in Pickens, SC are increasing. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $269,000 | 1.5% |
| Single Family | $269,000 | 1.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $179,000 | 0.0% |
3 Bed | $284,000 | 2.5% |
4 Bed | $379,000 | 3.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Pickens, SC
As of July '25, Rentcast reports the average rent in Pickens, SC is $1,540, with a year-over-year rent change of 27.3%. Per bedroom, the median rent as of July '25 in Pickens, SC is 2-bedrooms: $1,050, 3-bedrooms: $1,760, 4-bedrooms: $1,950. The most common rental property sizes in Pickens, SC are 2-bedroom and 3-bedroom, accounting for 50.2% and 33.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,700 | $1,540 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,000 | $1,050 |
| 3 Bed Rent | $1,720 | $1,760 |
| 4 Bed Rent | $1,950 | $1,950 |
% of Rental Stock
Property Listings — Pickens, SC
As of Oct '25, Realtor.com reports that the median days on market for a home in Pickens, SC is 93. This is a increase of 41.0% 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 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $469,000 | 12.0% |
Listing Count | 97 | 10.0% |
| Listings as % of Homes | 0.4% | 10.0% |
Days on Market | 93 | 41.0% |
Demographics — Pickens, SC
As of the latest ACS Survey released in 2023, Pickens, SC has a population of 19,200, which has increased by 8.9% over the past 5 years. Pickens, SC is a moderately popular place for families, as children make up 21.4% of the population. The area has a poorly educated workforce, with 16.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 19,200 | 8.9% |
% Under 18 | 21.4% | -5.7% |
% Seniors | 18.3% | -1.1% |
% WFH | 7.0% | 159.3% |
% w/ College Degree | 16.8% | -4.5% |
As of the latest ACS Survey released in 2023, Pickens, SC is a predominantly white area, with 88.5% of the population identifying as white. The white population has shrunk by 4.1% in the last 5 years. The second most common race or ethnicity in Pickens, SC is black, making up 5.9% of the population. Foreign-born residents account for 1.9% of the population in Pickens, SC, and this percentage has increased by 137.5% 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 | 88.5% | -4.1% |
% Black | 5.9% | 43.9% |
% Hispanic | 1.4% | -36.4% |
% Asian | 1.4% | ∞% |
% Foreign Born | 1.9% | 137.5% |
Mortgage and Risk — Pickens, SC
According to HUD data as of 2023, there were 366 mortgage originations in Pickens, SC, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Pickens, 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 | 366 |
% Conventional Loans | 72.0% |
% Government Loans | 28.0% |
% Investor Loans | 1.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Pickens, SC
Pickens, SC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 101 |
Total Units Section 8 | 100 |
% Rentals under Section 8 | 8.3% |
% Occupied Section 8 | 90.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $970 |
| 2 Bedroom | $90 | $1,000 | $1,090 |
| 3 Bedroom | -$370 | $1,720 | $1,350 |
| 4 Bedroom | -$330 | $1,950 | $1,620 |
Affordability — Pickens, SC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $269,000 |
| Median Household Income | $65,400 |