Aiken, SC—29801
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Aiken, SC
As of Oct '25, the median home price in Aiken, SC is $204,000, with a year-over-year change of -2.0%. This indicates that home prices in Aiken, SC are decreasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $204,000 | -2.0% |
| Single Family | $204,000 | -1.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $188,000 | 0.0% |
3 Bed | $245,000 | 0.8% |
4 Bed | $325,000 | 0.0% |
| 5 Bed | $369,000 | 0.3% |
% of Housing Stock
Rental Trends — Aiken, SC
As of July '25, Rentcast reports the average rent in Aiken, SC is $1,780, with a year-over-year rent change of -0.6%. Per bedroom, the median rent as of July '25 in Aiken, SC is studios: $1,510, 1-bedrooms: $1,470, 2-bedrooms: $1,170, 3-bedrooms: $1,970, 4-bedrooms: $2,360. The most common rental property sizes in Aiken, SC are 3-bedroom and 2-bedroom, accounting for 32.7% and 30.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,600 | $1,780 |
| Studio Rent | $795 | $1,510 |
| 1 Bed Rent | $1,400 | $1,470 |
| 2 Bed Rent | $1,100 | $1,170 |
| 3 Bed Rent | $1,700 | $1,970 |
| 4 Bed Rent | $2,200 | $2,360 |
% of Rental Stock
Property Listings — Aiken, SC
As of Oct '25, Realtor.com reports that the median days on market for a home in Aiken, SC is 64. This is a increase of 5.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $300,000 | 6.0% |
Listing Count | 231 | -6.0% |
| Listings as % of Homes | 1.2% | -6.0% |
Days on Market | 64 | 5.0% |
Demographics — Aiken, SC
As of the latest ACS Survey released in 2023, Aiken, SC has a population of 30,100, which has increased by 6.3% over the past 5 years. Aiken, SC is a moderately popular place for families, as children make up 20.5% of the population. The area has a moderately educated workforce, with 27.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 30,100 | 6.3% |
% Under 18 | 20.5% | -0.5% |
% Seniors | 21.7% | 21.9% |
% WFH | 7.9% | 146.9% |
% w/ College Degree | 27.8% | 26.9% |
As of the latest ACS Survey released in 2023, Aiken, SC is a predominantly white area, with 49.5% of the population identifying as white. The white population has grown by 3.8% in the last 5 years. The second most common race or ethnicity in Aiken, SC is black, making up 43.3% of the population. Foreign-born residents account for 3.1% of the population in Aiken, SC, and this percentage has decreased by 31.1% 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 | 49.5% | 3.8% |
% Black | 43.3% | -4.8% |
% Hispanic | 5.2% | 23.8% |
% Asian | 1.1% | -15.4% |
% Foreign Born | 3.1% | -31.1% |
Mortgage and Risk — Aiken, SC
According to HUD data as of 2023, there were 499 mortgage originations in Aiken, SC, of which 63.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 47.0% above 90% LTV (very high). This implies large mortgage risk in Aiken, SC. Investor activity is low, as 3.0% 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 | 499 |
% Conventional Loans | 63.0% |
% Government Loans | 37.0% |
% Investor Loans | 3.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Aiken, SC
As of 2024, the percent of homes in Aiken, SC under the Section 8 program is 18.3%. This is considered high, suggesting that the neighborhood is heavily 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 Aiken, 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 | 901 |
Total Units Section 8 | 736 |
% Rentals under Section 8 | 18.3% |
% Occupied Section 8 | 81.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$360 | $1,400 | $1,040 |
| 2 Bedroom | $80 | $1,100 | $1,180 |
| 3 Bedroom | -$150 | $1,700 | $1,550 |
| 4 Bedroom | -$300 | $2,200 | $1,900 |
Affordability — Aiken, SC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $204,000 |
| Median Household Income | $55,000 |