Aiken, SC—29803
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 $309,000, with a year-over-year change of 1.3%. This indicates that home prices in Aiken, SC are increasing. 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 | $309,000 | 1.3% |
| Single Family | $310,000 | 1.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $202,000 | 1.5% |
3 Bed | $323,000 | 1.6% |
4 Bed | $416,000 | 1.7% |
| 5 Bed | $488,000 | 2.1% |
% of Housing Stock
Rental Trends — Aiken, SC
As of July '25, Rentcast reports the average rent in Aiken, SC is $1,750, with a year-over-year rent change of -5.9%. Per bedroom, the median rent as of July '25 in Aiken, SC is 1-bedrooms: $1,270, 2-bedrooms: $1,500, 3-bedrooms: $1,920, 4-bedrooms: $2,430. The most common rental property sizes in Aiken, SC are 2-bedroom and 3-bedroom, accounting for 50.7% and 23.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,600 | $1,750 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,130 | $1,270 |
| 2 Bed Rent | $1,350 | $1,500 |
| 3 Bed Rent | $1,700 | $1,920 |
| 4 Bed Rent | $2,400 | $2,430 |
% 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 65. 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $386,000 | 6.0% |
Listing Count | 397 | 20.0% |
| Listings as % of Homes | 1.5% | 20.0% |
Days on Market | 65 | 13.0% |
Demographics — Aiken, SC
As of the latest ACS Survey released in 2023, Aiken, SC has a population of 40,100, which has increased by 3.0% over the past 5 years. Aiken, SC is a moderately popular place for families, as children make up 18.8% of the population. The area has a highly educated workforce, with 45.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 40,100 | 3.0% |
% Under 18 | 18.8% | -5.5% |
% Seniors | 27.7% | 9.5% |
% WFH | 11.3% | 253.1% |
% w/ College Degree | 45.1% | 0.2% |
As of the latest ACS Survey released in 2023, Aiken, SC is a predominantly white area, with 73.3% of the population identifying as white. The white population has shrunk by 5.2% in the last 5 years. The second most common race or ethnicity in Aiken, SC is black, making up 15.8% of the population. Foreign-born residents account for 3.5% of the population in Aiken, SC, and this percentage has decreased by 30.0% 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 | 73.3% | -5.2% |
% Black | 15.8% | 11.3% |
% Hispanic | 4.8% | 14.3% |
% Asian | 1.8% | -18.2% |
% Foreign Born | 3.5% | -30.0% |
Mortgage and Risk — Aiken, SC
According to HUD data as of 2023, there were 927 mortgage originations in Aiken, SC, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Aiken, 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 | 927 |
% Conventional Loans | 74.0% |
% Government Loans | 26.0% |
% Investor Loans | 1.0% |
% 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 3.7%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Aiken, SC, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 144 |
Total Units Section 8 | 131 |
% Rentals under Section 8 | 3.7% |
% Occupied Section 8 | 78.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$50 | $1,130 | $1,080 |
| 2 Bedroom | -$130 | $1,350 | $1,220 |
| 3 Bedroom | -$100 | $1,700 | $1,600 |
| 4 Bedroom | -$440 | $2,400 | $1,960 |
Affordability — Aiken, SC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $309,000 |
| Median Household Income | $82,900 |