Blacksburg, SC—29702
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Blacksburg, SC
As of Oct '25, the median home price in Blacksburg, SC is $146,000, with a year-over-year change of -11.8%. This indicates that home prices in Blacksburg, SC are decreasing. According to Zillow, the 1-year price projection is -3.8%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $146,000 | -11.8% |
| Single Family | $146,000 | -12.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $229,000 | 1.3% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Blacksburg, SC
As of July '25, Rentcast reports the average rent in Blacksburg, SC is $1,020, with a year-over-year rent change of 5.4%. Per bedroom, the median rent as of July '25 in Blacksburg, SC is studios: $1,000, 1-bedrooms: $663, 2-bedrooms: $1,420, 3-bedrooms: $1,350. The most common rental property sizes in Blacksburg, SC are 2-bedroom and 3-bedroom, accounting for 47.1% and 38.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,000 | $1,020 |
| Studio Rent | $1,000 | $1,000 |
| 1 Bed Rent | $495 | $663 |
| 2 Bed Rent | $995 | $1,420 |
| 3 Bed Rent | $1,350 | $1,350 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Blacksburg, SC
As of Oct '25, Realtor.com reports that the median days on market for a home in Blacksburg, SC is 93. This is a increase of 13.0% 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 13.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $308,000 | 4.0% |
Listing Count | 30 | 80.0% |
| Listings as % of Homes | 0.2% | 80.0% |
Days on Market | 93 | 13.0% |
Demographics — Blacksburg, SC
As of the latest ACS Survey released in 2023, Blacksburg, SC has a population of 9,860, which has decreased by -1.2% over the past 5 years. Blacksburg, SC is a popular place for families, as children make up 29.5% of the population. The area has a poorly educated workforce, with 15.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,860 | -1.2% |
% Under 18 | 29.5% | 22.9% |
% Seniors | 15.3% | -3.8% |
% WFH | 3.9% | 160.0% |
% w/ College Degree | 15.4% | 25.2% |
As of the latest ACS Survey released in 2023, Blacksburg, SC is a predominantly white area, with 87.4% of the population identifying as white. The white population has grown by 8.2% in the last 5 years. The second most common race or ethnicity in Blacksburg, SC is black, making up 6.0% of the population. Foreign-born residents account for 2.0% of the population in Blacksburg, SC, and this percentage has increased by 566.7% 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 | 87.4% | 8.2% |
% Black | 6.0% | -44.4% |
% Hispanic | 3.8% | 58.3% |
% Asian | 0.1% | 0.0% |
% Foreign Born | 2.0% | 566.7% |
Mortgage and Risk — Blacksburg, SC
According to HUD data as of 2023, there were 133 mortgage originations in Blacksburg, SC, of which 65.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 42.0% above 90% LTV (very high). This implies large mortgage risk in Blacksburg, SC. Investor activity is low, as 2.0% 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 | 133 |
% Conventional Loans | 65.0% |
% Government Loans | 35.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Blacksburg, SC
Blacksburg, SC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 67 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 0.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $265 | $495 | $760 |
| 2 Bedroom | -$65 | $995 | $930 |
| 3 Bedroom | -$190 | $1,350 | $1,160 |
| 4 Bedroom | N/A | N/A | $1,350 |
Affordability — Blacksburg, SC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $146,000 |
| Median Household Income | $50,900 |