Cayce, SC—29033
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Cayce, SC
As of Oct '25, the median home price in Cayce, SC is $203,000, with a year-over-year change of 0.9%. This indicates that home prices in Cayce, SC are flat. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $203,000 | 0.9% |
| Single Family | $202,000 | 1.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $159,000 | 0.6% |
3 Bed | $205,000 | 0.5% |
4 Bed | $299,000 | 1.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Cayce, SC
As of July '25, Rentcast reports the average rent in Cayce, SC is $1,600, with a year-over-year rent change of 5.3%. Per bedroom, the median rent as of July '25 in Cayce, SC is 1-bedrooms: $1,400, 2-bedrooms: $1,240, 3-bedrooms: $1,770, 4-bedrooms: $1,940. The most common rental property sizes in Cayce, SC are 2-bedroom and 3-bedroom, accounting for 35.6% and 34.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,600 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,120 | $1,400 |
| 2 Bed Rent | $1,200 | $1,240 |
| 3 Bed Rent | $1,600 | $1,770 |
| 4 Bed Rent | $2,000 | $1,940 |
% of Rental Stock
Property Listings — Cayce, SC
As of Oct '25, Realtor.com reports that the median days on market for a home in Cayce, SC is 70. This is a increase of 41.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $260,000 | 14.0% |
Listing Count | 57 | 18.0% |
| Listings as % of Homes | 0.3% | 18.0% |
Days on Market | 70 | 41.0% |
Demographics — Cayce, SC
As of the latest ACS Survey released in 2023, Cayce, SC has a population of 13,000, which has increased by 3.4% over the past 5 years. Cayce, SC is a moderately popular place for families, as children make up 18.1% of the population. The area has a moderately educated workforce, with 31.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 13,000 | 3.4% |
% Under 18 | 18.1% | -1.1% |
% Seniors | 17.5% | 16.7% |
% WFH | 6.1% | 117.9% |
% w/ College Degree | 31.0% | -0.6% |
As of the latest ACS Survey released in 2023, Cayce, SC is a predominantly white area, with 56.6% of the population identifying as white. The white population has shrunk by 17.3% in the last 5 years. The second most common race or ethnicity in Cayce, SC is black, making up 28.4% of the population. Foreign-born residents account for 6.0% of the population in Cayce, SC, and this percentage has increased by 22.4% 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 | 56.6% | -17.3% |
% Black | 28.4% | 25.1% |
% Hispanic | 9.5% | 427.8% |
% Asian | 3.1% | -26.2% |
% Foreign Born | 6.0% | 22.4% |
Mortgage and Risk — Cayce, SC
According to HUD data as of 2023, there were 204 mortgage originations in Cayce, SC, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 39.0% above 90% LTV (very high). This implies large mortgage risk in Cayce, SC. Investor activity is low, as 2.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 204 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Cayce, SC
As of 2024, the percent of homes in Cayce, SC under the Section 8 program is 6.5%. 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 Cayce, SC, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 248 |
Total Units Section 8 | 174 |
% Rentals under Section 8 | 6.5% |
% Occupied Section 8 | 82.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $130 | $1,120 | $1,250 |
| 2 Bedroom | $180 | $1,200 | $1,380 |
| 3 Bedroom | $160 | $1,600 | $1,760 |
| 4 Bedroom | $120 | $2,000 | $2,120 |
Affordability — Cayce, SC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $203,000 |
| Median Household Income | $57,500 |