Sharon, SC—29742
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Sharon, SC
As of Oct '25, the median home price in Sharon, SC is $240,000, with a year-over-year change of -5.8%. This indicates that home prices in Sharon, SC are decreasing. 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 | $240,000 | -5.8% |
| Single Family | $240,000 | -5.5% |
| 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 | $317,000 | -0.9% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Sharon, SC
As of July '25, Rentcast reports the average rent in Sharon, SC is $1,900, with a year-over-year rent change of -24.0%. Per bedroom, the median rent as of July '25 in Sharon, SC is 3-bedrooms: $2,200, 4-bedrooms: $1,600. The most common rental property sizes in Sharon, SC are 3-bedroom and 2-bedroom, accounting for 71.9% and 28.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,600 | $1,900 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,200 | $2,200 |
| 4 Bed Rent | $1,600 | $1,600 |
% of Rental Stock
Property Listings — Sharon, SC
As of Oct '25, Realtor.com reports that the median days on market for a home in Sharon, SC is 74. This is a increase of 29.0% 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 36.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $291,000 | -39.0% |
Listing Count | 11 | 129.0% |
| Listings as % of Homes | N/A | 129.0% |
Days on Market | 74 | 29.0% |
Demographics — Sharon, SC
As of the latest ACS Survey released in 2023, Sharon, SC has a population of 2,360, which has decreased by -9.3% over the past 5 years. Sharon, SC is a less popular place for families, as children make up 14.9% of the population. The area has a poorly educated workforce, with 6.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,360 | -9.3% |
% Under 18 | 14.9% | -32.3% |
% Seniors | 38.9% | 190.3% |
% WFH | 3.0% | -9.1% |
% w/ College Degree | 6.9% | -20.7% |
As of the latest ACS Survey released in 2023, Sharon, SC is a predominantly white area, with 69.8% of the population identifying as white. The white population has shrunk by 13.8% in the last 5 years. The second most common race or ethnicity in Sharon, SC is black, making up 26.4% of the population. Foreign-born residents account for 1.3% of the population in Sharon, 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 | 69.8% | -13.8% |
% Black | 26.4% | 82.1% |
% Hispanic | 1.2% | 33.3% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 1.3% | 0.0% |
Mortgage and Risk — Sharon, SC
According to HUD data as of 2023, there were 95 mortgage originations in Sharon, SC, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Sharon, SC. Investor activity is low, as 6.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 95 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 6.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Sharon, SC
Sharon, SC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 0.8% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,300 |
| 2 Bedroom | N/A | N/A | $1,450 |
| 3 Bedroom | -$400 | $2,200 | $1,800 |
| 4 Bedroom | $660 | $1,600 | $2,260 |
Affordability — Sharon, SC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.9 |
| Median Home Price | $240,000 |
| Median Household Income | $42,000 |