Walhalla, SC—29691
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Walhalla, SC
As of Oct '25, the median home price in Walhalla, SC is $223,000, with a year-over-year change of 1.5%. This indicates that home prices in Walhalla, SC are increasing. According to Zillow, the 1-year price projection is 3.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $223,000 | 1.5% |
| Single Family | $223,000 | 2.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $154,000 | -0.6% |
3 Bed | $249,000 | 3.3% |
4 Bed | $347,000 | 4.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Walhalla, SC
As of July '25, Rentcast reports the average rent in Walhalla, SC is $1,990, with a year-over-year rent change of 13.1%. Per bedroom, the median rent as of July '25 in Walhalla, SC is 1-bedrooms: $1,050, 2-bedrooms: $1,500, 3-bedrooms: $2,100, 4-bedrooms: $3,300. The most common rental property sizes in Walhalla, SC are 2-bedroom and 3-bedroom, accounting for 49.6% and 31.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,990 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,050 | $1,050 |
| 2 Bed Rent | $1,500 | $1,500 |
| 3 Bed Rent | $2,100 | $2,100 |
| 4 Bed Rent | $3,300 | $3,300 |
% of Rental Stock
Property Listings — Walhalla, SC
As of Oct '25, Realtor.com reports that the median days on market for a home in Walhalla, SC is 65. This is a decrease of -9.0% 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 46.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $324,000 | 20.0% |
Listing Count | 39 | -7.0% |
| Listings as % of Homes | 0.9% | -7.0% |
Days on Market | 65 | -9.0% |
Demographics — Walhalla, SC
As of the latest ACS Survey released in 2023, Walhalla, SC has a population of 12,200, which has increased by 10.2% over the past 5 years. Walhalla, 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 18.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,200 | 10.2% |
% Under 18 | 21.4% | -6.1% |
% Seniors | 21.3% | 13.9% |
% WFH | 3.0% | 76.5% |
% w/ College Degree | 18.0% | 22.4% |
As of the latest ACS Survey released in 2023, Walhalla, SC is a predominantly white area, with 76.2% of the population identifying as white. The white population has grown by 1.5% in the last 5 years. The second most common race or ethnicity in Walhalla, SC is hispanic, making up 16.1% of the population. Foreign-born residents account for 9.6% of the population in Walhalla, SC, and this percentage has increased by 39.1% 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 | 76.2% | 1.5% |
% Black | 2.6% | -45.8% |
% Hispanic | 16.1% | 11.0% |
% Asian | 0.1% | -91.7% |
% Foreign Born | 9.6% | 39.1% |
Mortgage and Risk — Walhalla, SC
According to HUD data as of 2023, there were 206 mortgage originations in Walhalla, SC, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Walhalla, SC. Investor activity is low, as 0.0% 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 | 206 |
% Conventional Loans | 68.0% |
% Government Loans | 32.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Walhalla, SC
Walhalla, SC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 168 |
Total Units Section 8 | 109 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 96.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$340 | $1,050 | $710 |
| 2 Bedroom | -$570 | $1,500 | $930 |
| 3 Bedroom | -$950 | $2,100 | $1,150 |
| 4 Bedroom | -$1,980 | $3,300 | $1,320 |
Affordability — Walhalla, SC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $223,000 |
| Median Household Income | $52,700 |