Scranton, SC—29591
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Scranton, SC
As of Oct '25, the median home price in Scranton, SC is $129,000, with a year-over-year change of -1.0%. This indicates that home prices in Scranton, SC are flat. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $129,000 | -1.0% |
| Single Family | $128,000 | 0.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $105,000 | 2.9% |
3 Bed | $146,000 | 2.1% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Scranton, SC
Scranton, 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 — Scranton, SC
As of Oct '25, Realtor.com reports that the median days on market for a home in Scranton, SC is 225. This is a increase of 258.0% 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 | $136,000 | -33.0% |
Listing Count | 3 | -27.0% |
| Listings as % of Homes | 0.3% | -27.0% |
Days on Market | 225 | 258.0% |
Demographics — Scranton, SC
As of the latest ACS Survey released in 2023, Scranton, SC has a population of 4,290, which has decreased by -19.8% over the past 5 years. Scranton, SC is a moderately popular place for families, as children make up 20.0% of the population. The area has a poorly educated workforce, with 13.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,290 | -19.8% |
% Under 18 | 20.0% | -9.9% |
% Seniors | 17.6% | -9.7% |
% WFH | 8.1% | 800.0% |
% w/ College Degree | 13.9% | 110.6% |
As of the latest ACS Survey released in 2023, Scranton, SC is a predominantly white area, with 66.6% of the population identifying as white. The white population has shrunk by 1.5% in the last 5 years. The second most common race or ethnicity in Scranton, SC is black, making up 29.7% of the population. Foreign-born residents account for 0.1% of the population in Scranton, SC, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 66.6% | -1.5% |
% Black | 29.7% | 2.8% |
% Hispanic | 3.4% | 580.0% |
% Asian | 0.1% | ∞% |
% Foreign Born | 0.1% | 0.0% |
Mortgage and Risk — Scranton, SC
According to HUD data as of 2023, there were 26 mortgage originations in Scranton, SC, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Scranton, SC. Investor activity is high, as 19.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 26 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 19.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Scranton, SC
Scranton, SC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 9 |
Total Units Section 8 | 9 |
% Rentals under Section 8 | 1.9% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $760 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | N/A | N/A | $1,190 |
| 4 Bedroom | N/A | N/A | $1,280 |
Affordability — Scranton, SC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $129,000 |
| Median Household Income | $55,500 |