Westminster, SC—29693
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Westminster, SC
As of Oct '25, the median home price in Westminster, SC is $209,000, with a year-over-year change of -2.7%. This indicates that home prices in Westminster, SC are decreasing. According to Zillow, the 1-year price projection is 2.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $209,000 | -2.7% |
| Single Family | $210,000 | -1.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $139,000 | -4.1% |
2 Bed | $169,000 | -2.9% |
3 Bed | $266,000 | 3.1% |
4 Bed | $402,000 | 3.3% |
| 5 Bed | $622,000 | 4.5% |
% of Housing Stock
Rental Trends — Westminster, SC
As of July '25, Rentcast reports the average rent in Westminster, SC is $1,820, with a year-over-year rent change of 17.4%. Per bedroom, the median rent as of July '25 in Westminster, SC is studios: $450, 2-bedrooms: $1,650, 3-bedrooms: $1,800, 4-bedrooms: $2,650. The most common rental property sizes in Westminster, SC are 2-bedroom and 3-bedroom, accounting for 54.3% and 34.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,650 | $1,820 |
| Studio Rent | $450 | $450 |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,650 | $1,650 |
| 3 Bed Rent | $1,650 | $1,800 |
| 4 Bed Rent | $2,400 | $2,650 |
% of Rental Stock
Property Listings — Westminster, SC
As of Oct '25, Realtor.com reports that the median days on market for a home in Westminster, SC is 76. This is a increase of 14.0% 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 28.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $331,000 | 20.0% |
Listing Count | 107 | 17.0% |
| Listings as % of Homes | 0.8% | 17.0% |
Days on Market | 76 | 14.0% |
Demographics — Westminster, SC
As of the latest ACS Survey released in 2023, Westminster, SC has a population of 13,800, which has decreased by -4.1% over the past 5 years. Westminster, SC is a moderately popular place for families, as children make up 21.5% of the population. The area has a poorly educated workforce, with 17.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 13,800 | -4.1% |
% Under 18 | 21.5% | 4.4% |
% Seniors | 23.1% | 23.5% |
% WFH | 5.7% | 200.0% |
% w/ College Degree | 17.2% | 3.6% |
As of the latest ACS Survey released in 2023, Westminster, SC is a predominantly white area, with 91.7% of the population identifying as white. The white population has grown by 1.3% in the last 5 years. The second most common race or ethnicity in Westminster, SC is hispanic, making up 3.2% of the population. Foreign-born residents account for 1.9% of the population in Westminster, SC, and this percentage has decreased by 5.0% 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 | 91.7% | 1.3% |
% Black | 2.6% | -42.2% |
% Hispanic | 3.2% | 77.8% |
% Asian | 0.2% | -71.4% |
% Foreign Born | 1.9% | -5.0% |
Mortgage and Risk — Westminster, SC
According to HUD data as of 2023, there were 187 mortgage originations in Westminster, SC, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Westminster, SC. Investor activity is low, as 1.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 187 |
% Conventional Loans | 74.0% |
% Government Loans | 26.0% |
% Investor Loans | 1.0% |
% Second Loans | 10.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Westminster, SC
Westminster, SC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 37 |
Total Units Section 8 | 7 |
% 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 | N/A | N/A | $730 |
| 2 Bedroom | -$690 | $1,650 | $960 |
| 3 Bedroom | -$470 | $1,650 | $1,180 |
| 4 Bedroom | -$1,040 | $2,400 | $1,360 |
Affordability — Westminster, SC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $209,000 |
| Median Household Income | $51,400 |