Seneca, SC—29672
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Seneca, SC
Home Price Trends — Seneca, SC
As of Oct '25, the median home price in Seneca, SC is $543,000, with a year-over-year change of 0.1%. This indicates that home prices in Seneca, SC are flat. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $543,000 | 0.1% |
| Single Family | $544,000 | -0.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $212,000 | -3.2% |
3 Bed | $382,000 | 1.6% |
4 Bed | $1,071,000 | 0.9% |
| 5 Bed | $1,631,000 | 3.0% |
% of Housing Stock
Rental Trends — Seneca, SC
As of July '25, Rentcast reports the average rent in Seneca, SC is $2,420, with a year-over-year rent change of -11.0%. Per bedroom, the median rent as of July '25 in Seneca, SC is 1-bedrooms: $1,260, 2-bedrooms: $1,560, 3-bedrooms: $1,880, 4-bedrooms: $7,250. The most common rental property sizes in Seneca, SC are 3-bedroom and 2-bedroom, accounting for 34.2% and 28.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,800 | $2,420 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,260 | $1,260 |
| 2 Bed Rent | $1,600 | $1,560 |
| 3 Bed Rent | $1,800 | $1,880 |
| 4 Bed Rent | $6,500 | $7,250 |
% of Rental Stock
Property Listings — Seneca, SC
As of Oct '25, Realtor.com reports that the median days on market for a home in Seneca, SC is 62. This is a decrease of -4.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $693,000 | 2.0% |
Listing Count | 88 | 26.0% |
| Listings as % of Homes | 0.9% | 26.0% |
Days on Market | 62 | -4.0% |
Demographics — Seneca, SC
As of the latest ACS Survey released in 2023, Seneca, SC has a population of 12,400, which has increased by 1.7% over the past 5 years. Seneca, SC is a moderately popular place for families, as children make up 17.9% of the population. The area has a moderately educated workforce, with 44.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,400 | 1.7% |
% Under 18 | 17.9% | 9.8% |
% Seniors | 30.5% | -4.1% |
% WFH | 8.9% | 81.6% |
% w/ College Degree | 44.4% | 5.7% |
As of the latest ACS Survey released in 2023, Seneca, SC is a predominantly white area, with 86.3% of the population identifying as white. The white population has shrunk by 3.1% in the last 5 years. The second most common race or ethnicity in Seneca, SC is hispanic, making up 5.5% of the population. Foreign-born residents account for 5.6% of the population in Seneca, SC, and this percentage has increased by 43.6% 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 | 86.3% | -3.1% |
% Black | 3.2% | -47.5% |
% Hispanic | 5.5% | 83.3% |
% Asian | 2.2% | 120.0% |
% Foreign Born | 5.6% | 43.6% |
Mortgage and Risk — Seneca, SC
According to HUD data as of 2023, there were 316 mortgage originations in Seneca, SC, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in Seneca, SC. Investor activity is low, as 1.0% 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 | 316 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 1.0% |
% Second Loans | 15.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Seneca, SC
Seneca, SC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 9 |
Total Units Section 8 | 9 |
% 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 | -$470 | $1,260 | $790 |
| 2 Bedroom | -$570 | $1,600 | $1,030 |
| 3 Bedroom | -$530 | $1,800 | $1,270 |
| 4 Bedroom | -$5,040 | $6,500 | $1,460 |
Affordability — Seneca, SC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.6 |
| Median Home Price | $543,000 |
| Median Household Income | $87,500 |