Garnett, SC—29922
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Garnett, SC
As of Oct '25, the median home price in Garnett, SC is $159,000, with a year-over-year change of -14.0%. This indicates that home prices in Garnett, SC are decreasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $159,000 | -14.0% |
| Single Family | $159,000 | -16.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | 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 — Garnett, SC
Garnett, SC lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| 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 | N/A | N/A |
% of Rental Stock
Property Listings — Garnett, SC
As of Oct '25, Realtor.com reports that the median days on market for a home in Garnett, SC is 80. This is a decrease of -62.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $495,000 | -26.0% |
Listing Count | 4 | 100.0% |
| Listings as % of Homes | 0.2% | 100.0% |
Days on Market | 80 | -62.0% |
Demographics — Garnett, SC
As of the latest ACS Survey released in 2023, Garnett, SC has a population of 907, which has increased by 13.0% over the past 5 years. Garnett, SC is a popular place for families, as children make up 26.9% of the population. The area has a poorly educated workforce, with 8.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 907 | 13.0% |
% Under 18 | 26.9% | 20.6% |
% Seniors | 34.0% | 128.2% |
% WFH | 0.0% | -100.0% |
% w/ College Degree | 8.6% | -18.1% |
Garnett, SC lacks sufficient race and ethnicity data for analysis.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 8.5% | -62.2% |
% Black | 84.5% | 11.8% |
% Hispanic | 2.1% | 110.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.0% | N/A |
Mortgage and Risk — Garnett, SC
According to HUD data as of 2023, there were 4 mortgage originations in Garnett, SC, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 92.0%, with 50.0% above 90% LTV (very high). This implies large mortgage risk in Garnett, SC. Investor activity is low, as 0.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 4 |
% Conventional Loans | 100.0% |
% Government Loans | 0.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 0.0% |
Loan Activity
Rentals and Section 8 — Garnett, SC
Garnett, SC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 4.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $980 |
| 2 Bedroom | N/A | N/A | $1,110 |
| 3 Bedroom | N/A | N/A | $1,520 |
| 4 Bedroom | N/A | N/A | $1,740 |
Affordability — Garnett, SC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.6 |
| Median Home Price | $159,000 |
| Median Household Income | $34,700 |