Port Royal, SC—29935
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Port Royal, SC
As of Oct '25, the median home price in Port Royal, SC is $338,000, with a year-over-year change of -2.2%. This indicates that home prices in Port Royal, SC are decreasing. According to Zillow, the 1-year price projection is 3.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $338,000 | -2.2% |
| Single Family | $357,000 | -1.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $261,000 | -4.0% |
2 Bed | $276,000 | -3.8% |
3 Bed | $388,000 | -0.3% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Port Royal, SC
As of July '25, Rentcast reports the average rent in Port Royal, SC is $1,950, with a year-over-year rent change of -7.6%. Per bedroom, the median rent as of July '25 in Port Royal, SC is 1-bedrooms: $1,290, 2-bedrooms: $1,930, 3-bedrooms: $2,490, 4-bedrooms: $3,800. The most common rental property sizes in Port Royal, SC are 2-bedroom and 3-bedroom, accounting for 48.5% and 33.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,800 | $1,950 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,250 | $1,290 |
| 2 Bed Rent | $1,880 | $1,930 |
| 3 Bed Rent | $2,300 | $2,490 |
| 4 Bed Rent | $3,800 | $3,800 |
% of Rental Stock
Property Listings — Port Royal, SC
As of Oct '25, Realtor.com reports that the median days on market for a home in Port Royal, SC is 95. 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 16.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $485,000 | -4.0% |
Listing Count | 37 | 29.0% |
| Listings as % of Homes | 1.6% | 29.0% |
Days on Market | 95 | 13.0% |
Demographics — Port Royal, SC
As of the latest ACS Survey released in 2023, Port Royal, SC has a population of 4,030, which has increased by 2.6% over the past 5 years. Port Royal, SC is a moderately popular place for families, as children make up 16.7% of the population. The area has a moderately educated workforce, with 34.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,030 | 2.6% |
% Under 18 | 16.7% | 9.2% |
% Seniors | 18.1% | 28.4% |
% WFH | 5.8% | 1,833.3% |
% w/ College Degree | 34.1% | 21.4% |
As of the latest ACS Survey released in 2023, Port Royal, SC is a predominantly white area, with 46.5% of the population identifying as white. The white population has shrunk by 23.6% in the last 5 years. The second most common race or ethnicity in Port Royal, SC is black, making up 39.2% of the population. Foreign-born residents account for 6.8% of the population in Port Royal, SC, and this percentage has increased by 4.6% 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 | 46.5% | -23.6% |
% Black | 39.2% | 79.8% |
% Hispanic | 9.4% | 3.3% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 6.8% | 4.6% |
Mortgage and Risk — Port Royal, SC
According to HUD data as of 2023, there were 70 mortgage originations in Port Royal, SC, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Port Royal, SC. Investor activity is low, as 4.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 70 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 4.0% |
% Second Loans | 9.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Port Royal, SC
As of 2024, the percent of homes in Port Royal, SC under the Section 8 program is 6.7%. 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. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Port Royal, SC, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 120 |
Total Units Section 8 | 82 |
% Rentals under Section 8 | 6.7% |
% Occupied Section 8 | 79.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $290 | $1,250 | $1,540 |
| 2 Bedroom | -$180 | $1,880 | $1,700 |
| 3 Bedroom | -$250 | $2,300 | $2,050 |
| 4 Bedroom | -$1,180 | $3,800 | $2,620 |
Affordability — Port Royal, SC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.4 |
| Median Home Price | $338,000 |
| Median Household Income | $64,600 |