Ridgeland, SC—29936
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Ridgeland, SC
As of Oct '25, the median home price in Ridgeland, SC is $308,000, with a year-over-year change of -4.7%. This indicates that home prices in Ridgeland, SC are decreasing. According to Zillow, the 1-year price projection is 3.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $308,000 | -4.7% |
| Single Family | $309,000 | -4.6% |
| 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 | $345,000 | -2.3% |
4 Bed | $391,000 | -2.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Ridgeland, SC
As of July '25, Rentcast reports the average rent in Ridgeland, SC is $1,940, with a year-over-year rent change of -13.8%. Per bedroom, the median rent as of July '25 in Ridgeland, SC is 1-bedrooms: $1,740, 2-bedrooms: $1,980, 3-bedrooms: $2,460, 4-bedrooms: $2,550. The most common rental property sizes in Ridgeland, SC are 2-bedroom and 3-bedroom, accounting for 43.5% and 28.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $1,940 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,730 | $1,740 |
| 2 Bed Rent | $2,030 | $1,980 |
| 3 Bed Rent | $2,450 | $2,460 |
| 4 Bed Rent | $2,500 | $2,550 |
% of Rental Stock
Property Listings — Ridgeland, SC
As of Oct '25, Realtor.com reports that the median days on market for a home in Ridgeland, SC is 72. This is a decrease of -30.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $374,000 | -8.0% |
Listing Count | 145 | 66.0% |
| Listings as % of Homes | 1.5% | 66.0% |
Days on Market | 72 | -30.0% |
Demographics — Ridgeland, SC
As of the latest ACS Survey released in 2023, Ridgeland, SC has a population of 14,500, which has increased by 6.1% over the past 5 years. Ridgeland, SC is a moderately popular place for families, as children make up 19.8% of the population. The area has a poorly educated workforce, with 15.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 14,500 | 6.1% |
% Under 18 | 19.8% | -2.9% |
% Seniors | 14.5% | -9.4% |
% WFH | 3.1% | -27.9% |
% w/ College Degree | 15.9% | 4.6% |
As of the latest ACS Survey released in 2023, Ridgeland, SC is a predominantly black area, with 44.3% of the population identifying as black. The black population has shrunk by 7.7% in the last 5 years. The second most common race or ethnicity in Ridgeland, SC is white, making up 37.4% of the population. Foreign-born residents account for 8.3% of the population in Ridgeland, SC, and this percentage has increased by 102.4% 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 | 37.4% | -16.5% |
% Black | 44.3% | -7.7% |
% Hispanic | 13.9% | 127.9% |
% Asian | 0.7% | 133.3% |
% Foreign Born | 8.3% | 102.4% |
Mortgage and Risk — Ridgeland, SC
According to HUD data as of 2023, there were 594 mortgage originations in Ridgeland, SC, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Ridgeland, SC. Investor activity is low, as 2.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 594 |
% Conventional Loans | 72.0% |
% Government Loans | 28.0% |
% Investor Loans | 2.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Ridgeland, SC
As of 2024, the percent of homes in Ridgeland, SC under the Section 8 program is 3.5%. 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 Ridgeland, 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 | 59 |
Total Units Section 8 | 59 |
% Rentals under Section 8 | 3.5% |
% Occupied Section 8 | 94.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$400 | $1,730 | $1,330 |
| 2 Bedroom | -$540 | $2,030 | $1,490 |
| 3 Bedroom | -$600 | $2,450 | $1,850 |
| 4 Bedroom | -$120 | $2,500 | $2,380 |
Affordability — Ridgeland, SC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.9 |
| Median Home Price | $308,000 |
| Median Household Income | $46,100 |