New Ellenton, SC—29809
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — New Ellenton, SC
As of Oct '25, the median home price in New Ellenton, SC is $121,000, with a year-over-year change of -3.2%. This indicates that home prices in New Ellenton, SC are decreasing. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $121,000 | -3.2% |
| Single Family | $121,000 | -1.6% |
| 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 | $191,000 | 0.5% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — New Ellenton, SC
New Ellenton, 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 — New Ellenton, SC
As of Oct '25, Realtor.com reports that the median days on market for a home in New Ellenton, SC is 63. 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $217,000 | 5.0% |
Listing Count | 9 | 81.0% |
| Listings as % of Homes | 0.6% | 81.0% |
Days on Market | 63 | -4.0% |
Demographics — New Ellenton, SC
As of the latest ACS Survey released in 2023, New Ellenton, SC has a population of 2,430, which has decreased by -5.5% over the past 5 years. New Ellenton, SC is a moderately popular place for families, as children make up 19.2% of the population. The area has a poorly educated workforce, with 18.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,430 | -5.5% |
% Under 18 | 19.2% | -12.7% |
% Seniors | 18.5% | -1.6% |
% WFH | 2.7% | 1,250.0% |
% w/ College Degree | 18.7% | 31.7% |
As of the latest ACS Survey released in 2023, New Ellenton, SC is a predominantly white area, with 46.5% of the population identifying as white. The white population has shrunk by 23.1% in the last 5 years. The second most common race or ethnicity in New Ellenton, SC is black, making up 45.1% of the population. Foreign-born residents account for 0.6% of the population in New Ellenton, SC, and this percentage has decreased by 45.5% 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 | 46.5% | -23.1% |
% Black | 45.1% | 30.7% |
% Hispanic | 2.9% | 26.1% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.6% | -45.5% |
Mortgage and Risk — New Ellenton, SC
According to HUD data as of 2023, there were 39 mortgage originations in New Ellenton, SC, of which 64.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in New Ellenton, SC. Investor activity is low, as 0.0% of loans were by investors. 26.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 39 |
% Conventional Loans | 64.0% |
% Government Loans | 36.0% |
% Investor Loans | 0.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 26.0% |
Loan Activity
Rentals and Section 8 — New Ellenton, SC
New Ellenton, SC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 22 |
Total Units Section 8 | 12 |
% Rentals under Section 8 | 5.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $870 |
| 2 Bedroom | N/A | N/A | $990 |
| 3 Bedroom | N/A | N/A | $1,320 |
| 4 Bedroom | N/A | N/A | $1,610 |
Affordability — New Ellenton, SC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.2 |
| Median Home Price | $121,000 |
| Median Household Income | $56,000 |