Pendleton, SC 29670 Real Estate Market Report

ZIP Code: 29670
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The real estate market in Pendleton, SC is currently characterized by a median sold price of $270,000, reflecting a stable market environment. This price indicates a relatively healthy transaction activity, although the market has shown signs of mixed price signals. The overall trend suggests that the neighborhood has increased up since the previous year, indicating a positive trajectory in property values.

Despite the upward trend in prices, the market is experiencing elevated inventory levels, which may indicate a slower sales velocity. With a median days on market of 281, properties are taking longer to sell, suggesting that buyers may be exercising caution in their purchasing decisions. The current median listing price stands at $299,999, creating a notable gap between asking and sold prices, which could reflect seller expectations that are not fully aligned with market realities.

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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.

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Market Metrics

Note: 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.

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Rental Market

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.

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

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Key Findings

1. The median sold price of $270,000 indicates a stable market with positive price movements.

2. Properties are spending a lengthy median days on market of 281, suggesting slower sales velocity.

3. The median listing price of $299,999 shows a significant gap compared to the sold price, indicating potential pricing friction for sellers.

4. Elevated inventory levels suggest excess supply relative to sales activity, which may lead to increased competition among sellers.

5. The median market rent of $1,344 reflects stable rental demand, which is growing in the current market.

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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.