Vance, SC—29163
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Vance, SC
As of Oct '25, the median home price in Vance, SC is $152,000, with a year-over-year change of -0.8%. This indicates that home prices in Vance, SC are flat. According to Zillow, the 1-year price projection is -1.1%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $152,000 | -0.8% |
| Single Family | $152,000 | 0.7% |
| 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 — Vance, SC
Vance, 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 — Vance, SC
As of Oct '25, Realtor.com reports that the median days on market for a home in Vance, SC is 93. This is a increase of 66.0% 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 | $631,000 | -18.0% |
Listing Count | 6 | 43.0% |
| Listings as % of Homes | 0.3% | 43.0% |
Days on Market | 93 | 66.0% |
Demographics — Vance, SC
As of the latest ACS Survey released in 2023, Vance, SC has a population of 1,550, which has decreased by -34.8% over the past 5 years. Vance, SC is a moderately popular place for families, as children make up 22.9% of the population. The area has a poorly educated workforce, with 10.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,550 | -34.8% |
% Under 18 | 22.9% | -21.3% |
% Seniors | 13.6% | -27.3% |
% WFH | 3.2% | ∞% |
% w/ College Degree | 10.6% | 37.7% |
As of the latest ACS Survey released in 2023, Vance, SC is a predominantly black area, with 68.3% of the population identifying as black. The black population has shrunk by 26.5% in the last 5 years. The second most common race or ethnicity in Vance, SC is white, making up 25.6% of the population. Foreign-born residents account for 0.8% of the population in Vance, SC, and this percentage has increased by Inf% 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 | 25.6% | 260.6% |
% Black | 68.3% | -26.5% |
% Hispanic | 1.2% | ∞% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.8% | ∞% |
Mortgage and Risk — Vance, SC
According to HUD data as of 2023, there were 7 mortgage originations in Vance, SC, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Vance, SC. Investor activity is low, as 0.0% 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 | 7 |
% Conventional Loans | 71.0% |
% Government Loans | 29.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Vance, SC
Vance, 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 | $780 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | N/A | N/A | $1,120 |
| 4 Bedroom | N/A | N/A | $1,240 |
Affordability — Vance, SC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $152,000 |
| Median Household Income | $40,600 |