Bowman, SC—29018
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Bowman, SC
As of Nov '25, the median home price in Bowman, SC is $125,000, with a year-over-year change of -7.0%. This indicates that home prices in Bowman, SC are decreasing. According to Zillow, the 1-year price projection is -0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $125,000 | -7.0% |
| Single Family | $125,000 | -5.3% |
| 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 — Bowman, SC
Bowman, 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 — Bowman, SC
As of Nov '25, Realtor.com reports that the median days on market for a home in Bowman, SC is 11. This is a increase of 205.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $162,000 | -39.0% |
Listing Count | 4 | -55.0% |
| Listings as % of Homes | N/A | -55.0% |
Days on Market | 11 | 205.0% |
Demographics — Bowman, SC
As of the latest ACS Survey released in 2023, Bowman, SC has a population of 3,370, which has increased by 13.6% over the past 5 years. Bowman, SC is a popular place for families, as children make up 26.4% of the population. The area has a poorly educated workforce, with 10.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,370 | 13.6% |
% Under 18 | 26.4% | 78.4% |
% Seniors | 17.0% | -20.6% |
% WFH | 4.8% | 220.0% |
% w/ College Degree | 10.1% | -24.1% |
As of the latest ACS Survey released in 2023, Bowman, SC is a predominantly black area, with 53.1% of the population identifying as black. The black population has shrunk by 18.2% in the last 5 years. The second most common race or ethnicity in Bowman, SC is white, making up 41.3% of the population. Foreign-born residents account for 2.3% of the population in Bowman, SC, and this percentage has increased by 53.3% 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 | 41.3% | 30.3% |
% Black | 53.1% | -18.2% |
% Hispanic | 3.1% | 416.7% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 2.3% | 53.3% |
Mortgage and Risk — Bowman, SC
According to HUD data as of 2023, there were 28 mortgage originations in Bowman, SC, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 81.0%, with 54.0% above 90% LTV (very high). This implies large mortgage risk in Bowman, SC. Investor activity is low, as 0.0% 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 | 28 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 0.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 7.0% |
Rentals and Section 8 — Bowman, SC
Bowman, SC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,290 |
| 2 Bedroom | N/A | N/A | $1,440 |
| 3 Bedroom | N/A | N/A | $1,790 |
| 4 Bedroom | N/A | N/A | $2,170 |
Affordability — Bowman, SC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $125,000 |
| Median Household Income | $39,700 |