Bonneau, SC—29431
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Bonneau, SC
As of Oct '25, the median home price in Bonneau, SC is $314,000, with a year-over-year change of -3.9%. This indicates that home prices in Bonneau, SC are decreasing. According to Zillow, the 1-year price projection is 2.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $314,000 | -3.9% |
| Single Family | $315,000 | -3.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $355,000 | 0.6% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Bonneau, SC
Bonneau, 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 — Bonneau, SC
As of Oct '25, Realtor.com reports that the median days on market for a home in Bonneau, SC is 103. This is a increase of 22.0% 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 11.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $433,000 | -7.0% |
Listing Count | 18 | 135.0% |
| Listings as % of Homes | 0.5% | 135.0% |
Days on Market | 103 | 22.0% |
Demographics — Bonneau, SC
As of the latest ACS Survey released in 2023, Bonneau, SC has a population of 7,380, which has increased by 6.2% over the past 5 years. Bonneau, SC is a popular place for families, as children make up 25.6% of the population. The area has a poorly educated workforce, with 12.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,380 | 6.2% |
% Under 18 | 25.6% | 9.4% |
% Seniors | 22.7% | 29.7% |
% WFH | 4.0% | 471.4% |
% w/ College Degree | 12.2% | 22.0% |
As of the latest ACS Survey released in 2023, Bonneau, SC is a predominantly white area, with 80.3% of the population identifying as white. The white population has shrunk by 7.5% in the last 5 years. The second most common race or ethnicity in Bonneau, SC is black, making up 10.0% of the population. Foreign-born residents account for 1.2% of the population in Bonneau, SC, and this percentage has decreased by 14.3% 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 | 80.3% | -7.5% |
% Black | 10.0% | 6.4% |
% Hispanic | 1.1% | 175.0% |
% Asian | 1.9% | -5.0% |
% Foreign Born | 1.2% | -14.3% |
Mortgage and Risk — Bonneau, SC
According to HUD data as of 2023, there were 132 mortgage originations in Bonneau, SC, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in Bonneau, SC. Investor activity is low, as 2.0% 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 | 132 |
% Conventional Loans | 67.0% |
% Government Loans | 33.0% |
% Investor Loans | 2.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Bonneau, SC
Bonneau, SC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 0.6% |
% 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 — Bonneau, SC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5 |
| Median Home Price | $314,000 |
| Median Household Income | $59,900 |