Beaufort, SC—29902
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Beaufort, SC
As of Oct '25, the median home price in Beaufort, SC is $409,000, with a year-over-year change of 1.4%. This indicates that home prices in Beaufort, SC are increasing. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $409,000 | 1.4% |
| Single Family | $414,000 | 1.2% |
| Condos | $233,000 | -4.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $347,000 | 1.5% |
2 Bed | $300,000 | -1.6% |
3 Bed | $399,000 | 1.0% |
4 Bed | $557,000 | 4.5% |
| 5 Bed | $749,000 | 5.5% |
% of Housing Stock
Rental Trends — Beaufort, SC
As of July '25, Rentcast reports the average rent in Beaufort, SC is $2,160, with a year-over-year rent change of -4.0%. Per bedroom, the median rent as of July '25 in Beaufort, SC is 1-bedrooms: $1,600, 2-bedrooms: $1,810, 3-bedrooms: $2,390, 4-bedrooms: $2,520. The most common rental property sizes in Beaufort, SC are 2-bedroom and 3-bedroom, accounting for 50.8% and 32.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,150 | $2,160 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,500 | $1,600 |
| 2 Bed Rent | $1,650 | $1,810 |
| 3 Bed Rent | $2,340 | $2,390 |
| 4 Bed Rent | $2,600 | $2,520 |
% of Rental Stock
Property Listings — Beaufort, SC
As of Oct '25, Realtor.com reports that the median days on market for a home in Beaufort, SC is 86. This is a increase of 19.0% 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 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $492,000 | -11.0% |
Listing Count | 170 | 27.0% |
| Listings as % of Homes | 1.4% | 27.0% |
Days on Market | 86 | 19.0% |
Demographics — Beaufort, SC
As of the latest ACS Survey released in 2023, Beaufort, SC has a population of 16,900, which has increased by 6.9% over the past 5 years. Beaufort, SC is a moderately popular place for families, as children make up 19.9% of the population. The area has a moderately educated workforce, with 37.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 16,900 | 6.9% |
% Under 18 | 19.9% | -13.5% |
% Seniors | 15.9% | -12.6% |
% WFH | 8.7% | 61.1% |
% w/ College Degree | 37.8% | 20.0% |
As of the latest ACS Survey released in 2023, Beaufort, SC is a predominantly white area, with 64.3% of the population identifying as white. The white population has shrunk by 1.7% in the last 5 years. The second most common race or ethnicity in Beaufort, SC is black, making up 18.0% of the population. Foreign-born residents account for 6.3% of the population in Beaufort, SC, and this percentage has increased by 53.7% 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 | 64.3% | -1.7% |
% Black | 18.0% | -14.7% |
% Hispanic | 8.2% | 7.9% |
% Asian | 3.2% | 88.2% |
% Foreign Born | 6.3% | 53.7% |
Mortgage and Risk — Beaufort, SC
According to HUD data as of 2023, there were 151 mortgage originations in Beaufort, SC, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Beaufort, SC. Investor activity is low, as 10.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 151 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 10.0% |
% Second Loans | 7.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Beaufort, SC
As of 2024, the percent of homes in Beaufort, SC under the Section 8 program is 16.4%. 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. In Beaufort, 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 | 503 |
Total Units Section 8 | 365 |
% Rentals under Section 8 | 16.4% |
% Occupied Section 8 | 88.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$100 | $1,500 | $1,400 |
| 2 Bedroom | -$100 | $1,650 | $1,550 |
| 3 Bedroom | -$470 | $2,340 | $1,870 |
| 4 Bedroom | -$220 | $2,600 | $2,380 |
Affordability — Beaufort, SC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.9 |
| Median Home Price | $409,000 |
| Median Household Income | $72,600 |