Richburg, SC—29729
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Richburg, SC
As of Oct '25, the median home price in Richburg, SC is $273,000, with a year-over-year change of -2.4%. This indicates that home prices in Richburg, SC are decreasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $273,000 | -2.4% |
| Single Family | $273,000 | -2.8% |
| 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 | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Richburg, SC
As of July '25, Rentcast reports the average rent in Richburg, SC is $3,440, with a year-over-year rent change of -23.6%. Per bedroom, the median rent as of July '25 in Richburg, SC is 4-bedrooms: $2,380. The most common rental property sizes in Richburg, SC are 4-bedroom and 3-bedroom, accounting for 51.1% and 25.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,380 | $3,440 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | $2,380 | $2,380 |
% of Rental Stock
Property Listings — Richburg, SC
As of Oct '25, Realtor.com reports that the median days on market for a home in Richburg, SC is 41. This is a decrease of -6.0% 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 5.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $324,000 | -2.0% |
Listing Count | 41 | 18.0% |
| Listings as % of Homes | 1.9% | 18.0% |
Days on Market | 41 | -6.0% |
Demographics — Richburg, SC
As of the latest ACS Survey released in 2023, Richburg, SC has a population of 2,310, which has decreased by -2.6% over the past 5 years. Richburg, SC is a moderately popular place for families, as children make up 15.2% of the population. The area has a poorly educated workforce, with 11.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,310 | -2.6% |
% Under 18 | 15.2% | -43.7% |
% Seniors | 18.6% | 16.2% |
% WFH | 2.0% | -59.2% |
% w/ College Degree | 11.6% | -10.8% |
As of the latest ACS Survey released in 2023, Richburg, SC is a predominantly white area, with 59.5% of the population identifying as white. The white population has remained stable in the last 5 years. The second most common race or ethnicity in Richburg, SC is black, making up 26.2% of the population. Foreign-born residents account for 1.8% of the population in Richburg, SC, and this percentage has increased by 38.5% 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 | 59.5% | 0.0% |
% Black | 26.2% | -12.1% |
% Hispanic | 7.0% | 169.2% |
% Asian | 1.0% | ∞% |
% Foreign Born | 1.8% | 38.5% |
Mortgage and Risk — Richburg, SC
According to HUD data as of 2023, there were 108 mortgage originations in Richburg, SC, of which 48.0% of loans were conventional mortgages. The average loan-to-value was 83.0%, with 60.0% above 90% LTV (very high). This implies large mortgage risk in Richburg, SC. Investor activity is low, as 0.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 108 |
% Conventional Loans | 48.0% |
% Government Loans | 52.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Richburg, SC
Richburg, SC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | 1.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,060 |
| 2 Bedroom | N/A | N/A | $1,330 |
| 3 Bedroom | N/A | N/A | $1,860 |
| 4 Bedroom | -$340 | $2,380 | $2,040 |
Affordability — Richburg, SC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.5 |
| Median Home Price | $273,000 |
| Median Household Income | $49,300 |