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Market Snapshot

Median listing price
$1.19M

The median listing price in Wando, SC ZIP 29492 is $1,190,000 as of July 2026.

Median rent
$2,256/mo

The median market rent in Wando, SC ZIP 29492 is $2,256/month as of July 2026.

Days on market
257 days

The median days on market in Wando, SC ZIP 29492 is 257 days as of July 2026. The market is currently hot.

Gross rental yield
2.27%

At a median list price of $1,190,000 and a median rent of $2,256/month, the gross rental yield in Wando, SC ZIP 29492 is 2.27% as of July 2026.

Wando, SC 29492 Real Estate Market Report

ZIP Code: 29492

Report Date: July 2026

Market Temperature:
HOT

Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
90 Days
Total Properties Analyzed
206
Active Listings
93
Sold Properties
113

Market Metrics

Median Listing Price
$1,190,000
Median Sold Price
$1,224,000
Median Price per Sqft
$439/sqft

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$2,256

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.


Property Taxes

Property Tax Rate
0.42%

Liquidity & Velocity

Median Days on Market
257
Sale-to-List Ratio
100.0%

Market Trends & Context

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

Price YoY Trend
up
Market Temperature
hot
Rent YoY Trend
up
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Wando, SC are 6.5% compared to the 6.1% average seen when typical loans in this area originated in early 2026.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.


Key Findings

  1. The primary indicator of recent transaction value is the $1,224,000 median sold price, which confirms a strong market valuation for recent closings and suggests that asking prices near this level are representative of realized demand; hot market conditions support continued price strength.
  2. Despite a $1,190,000 median listing price, the market appears to favor sellers with the price year-over-year trend up and market temperature described as hot, which may indicate limited downward pressure on realized sale prices.
  3. The lengthy 257 median days on market points to slower sales velocity relative to faster-turning markets and may indicate pricing friction or a narrower pool of qualified buyers even as transaction prices remain elevated; exercise caution on time-to-contract assumptions.
  4. Interest rate conditions are a complicating factor: interest rate pressure elevated with current 30-year fixed mortgage rates at 6.5% versus a 6.1% origin rate average in early 2026, which may constrain affordability and moderate buyer activity despite strong price and rent trends.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

428 Ralston Creek St, Daniel Island, SC 29492
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

5 beds6 baths6,715 sqft
$9,250,000
Jun 1, 2026
$1,378/sqft
250 Furman Farm Pl, Daniel Island, SC 29492
Premium

Sold above market average

4 beds6 baths5,275 sqft
$6,500,000
Jun 1, 2026
$1,232/sqft
3787 days on market
151 Brailsford St, Daniel Island, SC 29492
Premium

Sold above market average

6 beds7 baths5,274 sqft
$6,275,000
Apr 1, 2026
$1,190/sqft
186 Cartright St, Daniel Island, SC 29492
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

4 beds3 baths1,904 sqft
$1,045,000
Jun 1, 2026
$549/sqft
1449 days on market
119 Wando Reach Rd, Wando, SC 29492
Value

Sold below market average

5 beds4 baths3,665 sqft
$999,000
May 1, 2026
$273/sqft
145 Pier View St Unit 413, Daniel Island, SC 29492
Premium

Sold above market average

3 beds3 baths1,749 sqft
$995,000
Jun 1, 2026
$569/sqft
931 days on market
1403 Elfe St, Daniel Island, SC 29492
Premium

Quick sale indicating strong buyer demand and competitive market conditions.

3 beds2 baths1,306 sqft
$835,000
May 1, 2026
$639/sqft
15 days on market
303 Kelsey Blvd, Wando, SC 29492
Value

Sold below market average

2 beds3 baths1,260 sqft
$314,000
May 1, 2026
$249/sqft

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$4,710/mo
29492 Avg Rent
29492 Cost to Own
Rent$2,256
Own$6,966

20% down, 6.49% rate, 0.4% tax

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 7/10/2026

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