Pendleton, SC 29670 Real Estate Market Report

ZIP Code: 29670
Report Date: May 2026
Market Temperature: NEUTRAL
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.

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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

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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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 primary indicator of market value and recent transaction activity is the median sold price, which is 275,000, signaling the representative recent sale level for Pendleton SFR and condo inventory and anchoring pricing expectations for buyers and sellers.

2. There is a gap between asking and transaction levels: the median listing price is 315,000 versus the median sold price of 275,000, which may indicate pricing friction where seller expectations exceed realized sale prices and can lengthen negotiations.

3. Market velocity appears slow based on the median days on market of 303, which—combined with a neutral market temperature—suggests balanced conditions with slower transaction tempo rather than rapid turnover.

4. Macro and rental context: price year-over-year trend is up and rent year-over-year trend is up, while interest rate pressure is elevated and flagged as elevated, signaling rising carrying costs that may constrain affordability even as local prices and rents trend higher.

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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.