Mc Cormick, SC—29835
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mc Cormick, SC
Mc Cormick, SC lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $343,000 | 3.8% |
| Single Family | $344,000 | 3.9% |
| 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 | $382,000 | 3.8% |
4 Bed | $496,000 | 3.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Mc Cormick, SC
Mc Cormick, SC lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $675 | $675 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $675 | $675 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Mc Cormick, SC
As of Oct '25, Realtor.com reports that the median days on market for a home in Mc Cormick, SC is 96. This is a increase of 22.0% 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 | $477,000 | 5.0% |
Listing Count | 108 | 65.0% |
| Listings as % of Homes | 1.3% | 65.0% |
Days on Market | 96 | 22.0% |
Demographics — Mc Cormick, SC
As of the latest ACS Survey released in 2023, Mc Cormick, SC has a population of 6,320, which has increased by 3.5% over the past 5 years. Mc Cormick, SC is a less popular place for families, as children make up 11.1% of the population. The area has a moderately educated workforce, with 29.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,320 | 3.5% |
% Under 18 | 11.1% | 0.9% |
% Seniors | 44.4% | 8.6% |
% WFH | 10.9% | 319.2% |
% w/ College Degree | 29.5% | 12.2% |
As of the latest ACS Survey released in 2023, Mc Cormick, SC is a predominantly white area, with 52.9% of the population identifying as white. The white population has grown by 3.9% in the last 5 years. The second most common race or ethnicity in Mc Cormick, SC is black, making up 42.5% of the population. Foreign-born residents account for 1.4% of the population in Mc Cormick, SC, and this percentage has decreased by 44.0% 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 | 52.9% | 3.9% |
% Black | 42.5% | -9.6% |
% Hispanic | 0.4% | ∞% |
% Asian | 0.3% | -57.1% |
% Foreign Born | 1.4% | -44.0% |
Mortgage and Risk — Mc Cormick, SC
According to HUD data as of 2023, there were 172 mortgage originations in Mc Cormick, SC, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in Mc Cormick, SC. Investor activity is low, as 1.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 172 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 1.0% |
% Second Loans | 6.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Mc Cormick, SC
Mc Cormick, SC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 116 |
Total Units Section 8 | 90 |
% Rentals under Section 8 | 18.2% |
% Occupied Section 8 | 93.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $195 | $675 | $870 |
| 2 Bedroom | N/A | N/A | $990 |
| 3 Bedroom | N/A | N/A | $1,320 |
| 4 Bedroom | N/A | N/A | $1,610 |
Affordability — Mc Cormick, SC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.4 |
| Median Home Price | $343,000 |
| Median Household Income | $54,500 |