Piedmont, SC—29673
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Piedmont, SC
As of Oct '25, the median home price in Piedmont, SC is $294,000, with a year-over-year change of 0.8%. This indicates that home prices in Piedmont, SC are flat. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $294,000 | 0.8% |
| Single Family | $294,000 | 1.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $172,000 | 0.0% |
3 Bed | $286,000 | 1.8% |
4 Bed | $361,000 | 1.7% |
| 5 Bed | $398,000 | 0.8% |
% of Housing Stock
Rental Trends — Piedmont, SC
As of July '25, Rentcast reports the average rent in Piedmont, SC is $1,670, with a year-over-year rent change of -2.3%. Per bedroom, the median rent as of July '25 in Piedmont, SC is studios: $450, 1-bedrooms: $1,190, 2-bedrooms: $1,240, 3-bedrooms: $1,880, 4-bedrooms: $1,900. The most common rental property sizes in Piedmont, SC are 3-bedroom and 2-bedroom, accounting for 46.1% and 36.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,730 | $1,670 |
| Studio Rent | $400 | $450 |
| 1 Bed Rent | $1,190 | $1,190 |
| 2 Bed Rent | $1,050 | $1,240 |
| 3 Bed Rent | $1,820 | $1,880 |
| 4 Bed Rent | $2,010 | $1,900 |
% of Rental Stock
Property Listings — Piedmont, SC
As of Oct '25, Realtor.com reports that the median days on market for a home in Piedmont, SC is 50. This is a decrease of -5.0% 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 | $341,000 | 5.0% |
Listing Count | 248 | -12.0% |
| Listings as % of Homes | 1.2% | -12.0% |
Days on Market | 50 | -5.0% |
Demographics — Piedmont, SC
As of the latest ACS Survey released in 2023, Piedmont, SC has a population of 30,800, which has increased by 5.2% over the past 5 years. Piedmont, SC is a moderately popular place for families, as children make up 24.0% of the population. The area has a poorly educated workforce, with 24.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 30,800 | 5.2% |
% Under 18 | 24.0% | -0.8% |
% Seniors | 15.3% | 7.0% |
% WFH | 7.3% | 97.3% |
% w/ College Degree | 24.8% | 7.4% |
As of the latest ACS Survey released in 2023, Piedmont, SC is a predominantly white area, with 67.7% of the population identifying as white. The white population has shrunk by 5.7% in the last 5 years. The second most common race or ethnicity in Piedmont, SC is black, making up 18.5% of the population. Foreign-born residents account for 4.4% of the population in Piedmont, SC, and this percentage has increased by 22.2% 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 | 67.7% | -5.7% |
% Black | 18.5% | -4.6% |
% Hispanic | 6.8% | 33.3% |
% Asian | 1.6% | 77.8% |
% Foreign Born | 4.4% | 22.2% |
Mortgage and Risk — Piedmont, SC
According to HUD data as of 2023, there were 692 mortgage originations in Piedmont, SC, of which 64.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 44.0% above 90% LTV (very high). This implies large mortgage risk in Piedmont, SC. Investor activity is low, as 1.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 692 |
% Conventional Loans | 64.0% |
% Government Loans | 36.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Piedmont, SC
As of 2024, the percent of homes in Piedmont, 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. 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Piedmont, SC, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 48 |
Total Units Section 8 | 48 |
% Rentals under Section 8 | 1.7% |
% Occupied Section 8 | 92.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$220 | $1,190 | $970 |
| 2 Bedroom | $40 | $1,050 | $1,090 |
| 3 Bedroom | -$470 | $1,820 | $1,350 |
| 4 Bedroom | -$340 | $2,010 | $1,670 |
Affordability — Piedmont, SC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.9 |
| Median Home Price | $294,000 |
| Median Household Income | $69,600 |