Swansea, SC—29160
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Swansea, SC
As of Nov '25, the median home price in Swansea, SC is $161,000, with a year-over-year change of -5.1%. This indicates that home prices in Swansea, SC are decreasing. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $161,000 | -5.1% |
| Single Family | $162,000 | -4.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $107,000 | -3.6% |
3 Bed | $159,000 | -2.5% |
4 Bed | $226,000 | 1.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Swansea, SC
Swansea, SC lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $875 | $1,340 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $875 | $875 |
| 3 Bed Rent | $1,800 | $1,800 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Swansea, SC
As of Nov '25, Realtor.com reports that the median days on market for a home in Swansea, SC is 84. This is a decrease of -4.0% 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 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $317,000 | -10.0% |
Listing Count | 19 | 0.0% |
| Listings as % of Homes | 0.2% | 0.0% |
Days on Market | 84 | -4.0% |
Demographics — Swansea, SC
As of the latest ACS Survey released in 2023, Swansea, SC has a population of 7,200, which has decreased by -8.1% over the past 5 years. Swansea, SC is a moderately popular place for families, as children make up 20.7% of the population. The area has a poorly educated workforce, with 18.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,200 | -8.1% |
% Under 18 | 20.7% | 3.0% |
% Seniors | 20.5% | 21.3% |
% WFH | 8.5% | 150.0% |
% w/ College Degree | 18.3% | 74.3% |
As of the latest ACS Survey released in 2023, Swansea, SC is a predominantly white area, with 73.4% of the population identifying as white. The white population has shrunk by 1.9% in the last 5 years. The second most common race or ethnicity in Swansea, SC is black, making up 19.1% of the population. Foreign-born residents account for 1.1% of the population in Swansea, SC, and this percentage has decreased by 47.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 73.4% | -1.9% |
% Black | 19.1% | -5.4% |
% Hispanic | 3.8% | 35.7% |
% Asian | 0.1% | -66.7% |
% Foreign Born | 1.1% | -47.6% |
Mortgage and Risk — Swansea, SC
According to HUD data as of 2023, there were 168 mortgage originations in Swansea, SC, of which 62.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 45.0% above 90% LTV (very high). This implies large mortgage risk in Swansea, SC. Investor activity is low, as 1.0% 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 | 168 |
% Conventional Loans | 62.0% |
% Government Loans | 38.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 14.0% |
Rentals and Section 8 — Swansea, SC
Swansea, SC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 17 |
Total Units Section 8 | 17 |
% Rentals under Section 8 | 4.2% |
% Occupied Section 8 | 81.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,000 |
| 2 Bedroom | $255 | $875 | $1,130 |
| 3 Bedroom | -$360 | $1,800 | $1,440 |
| 4 Bedroom | N/A | N/A | $1,730 |
Affordability — Swansea, SC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.6 |
| Median Home Price | $161,000 |
| Median Household Income | $62,300 |