Real Estate Investing in Duncan, South Carolina (29334)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Spartanburg County • Population: 18,260 • Data updated: September 2026

☆ Watch this market Free account

Should you buy in 29334 (Duncan, SC)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (75/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • Elevated vacancy: 8.0% vacancy may signal weakening demand.

What’s happening in Duncan, SC (29334)?

Click any question — our AI will research it live from the web and show you sources.

✨ Live AI + Web Search
Want to ask your own questions? Upgrade to Pro for unlimited custom queries.
3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $312,950
Avg Monthly Rent $1,927
1% Rule ✗ Does Not Meet
Median Income $74,675
% Renters 26.9%

Local Pulse Report

AI-researched developments and news for Duncan, SC (29334). Updated on demand as visitors ask.

✨ AI + Web Search
Growth & development in Duncan, SC (29334) Updated 95 days ago
Duncan, SC is experiencing significant industrial expansion and residential growth, alongside some job losses from a logistics company closure.
Opportunities
  • FabLogix is expanding its pipe fabrication operations in Duncan with a $9.8 million investment, creating 150 new jobs. — This expansion brings new manufacturing jobs and strengthens the local industrial sector. Area Development Magazine
  • ZF Chassis Systems Duncan is investing $55.4 million to expand its facility, adding 30 new jobs and increasing axle assembly production. — This investment boosts the automotive supply chain and provides additional employment opportunities. S.C. Governor McMaster
  • BENTELER Automotive Corporation is expanding its Duncan operations with a $47.9 million investment in building improvements and updated machinery. — This enhances the capabilities of an existing major employer and supports the thriving automotive industry. Area Development Magazine
  • RealtyLink is developing an 11-acre commercial site on I-85, including a convenience store, truck fueling center, and future hotel/restaurant/retail spaces. — This development will offer new services, dining options, and potential job creation for residents and travelers. RealtyLink
  • Numerous new construction home communities are available in Duncan, offering a variety of housing options. — This increases housing supply and provides diverse choices for new residents and those looking to upgrade. Zillow, Realtor.com
Concerns
  • Saddle Creek Logistics Services closed its Duncan operations, resulting in 130 layoffs by March 2026. — This closure leads to job losses and reduces local employment opportunities. The State
Bottom line: Duncan is experiencing robust industrial and residential growth, though recent job losses in logistics are a concern.
Local news & events in Duncan, SC (29334) Updated 95 days ago
Duncan, SC residents express increasing concerns about safety, crime, homelessness, and drugs, despite ongoing community events and efforts.
Opportunities
  • The Town of Duncan launched a new, mobile-friendly website with community news, resources, and an event calendar, including an online booking system for the town Event Center. — This expands access to information and simplifies booking town facilities, enhancing community engagement. Town of Duncan, SC
  • Duncan offers various community events and festivals year-round, such as the annual Fall Festival and Summer Concert Series. — These events provide opportunities for social interaction and recreation, fostering a stronger community spirit. Atlas City Guides
  • Several businesses and manufacturing companies in Duncan provide growing job opportunities for residents. — Increased job availability expands economic choices and improves financial well-being for residents. Niche
  • Duncan's air quality is generally acceptable for most individuals, with current levels of pollutants like PM2.5, NO2, and PM10 rated as 'Fair' or 'Excellent'. — Good air quality supports outdoor activities and reduces health risks for the majority of the population. AccuWeather
Concerns
  • Almost 70% of Duncan residents feel the city is less safe than five years ago, with crime, safety, homelessness, and drugs identified as top concerns in a December 2025 survey. — This perception of declining safety restricts residents' sense of security and freedom within their community. Duncan Citizen Survey
  • The average rating for the overall quality of life in Duncan has trended downwards since 2016, reaching 6.3 out of 10 in December 2025. — A declining quality of life rating suggests residents perceive a reduction in overall well-being and satisfaction. Duncan Citizen Survey
  • A firearm was reported stolen from a vehicle on East Main Street in Duncan on May 31, 2026. — This incident highlights ongoing property crime and potential safety risks for residents. CrimeRadar
  • South Carolina, including the Greenville area near Duncan, is affected by ozone air pollution from the oil and gas industry, potentially causing thousands of asthma attacks annually. — This external environmental factor imposes unconsented health costs on residents, particularly children. Environmental Defense Fund
Bottom line: Duncan faces significant resident concerns regarding safety and quality of life, despite community efforts and events.
Schools in Duncan, SC (29334) Updated 95 days ago
Spartanburg School District Five has seen significant growth, leading to multiple bond referendums and facility projects to accommodate rising enrollment without increasing taxes.
Opportunities
  • In November 2025, voters approved a $200 million bond referendum for new facilities, with no tax increase to residents. — This allows for significant infrastructure improvements and expansion without additional financial burden on the community. Spartanburg District Five
  • The 2025 bond will fund a new middle school, a new Duncan Elementary School of the Arts, and a new Byrnes Freshman Academy. — These projects address overcrowding and provide modern learning environments for students. GreerNews.com
  • A $295 million bond referendum was approved in November 2021, funding new schools, additions, and conversions of existing facilities. — This bond addresses rapid student enrollment growth and updates school infrastructure. Spartanburg District Five
  • Spartanburg District Five is adding 66 new positions and increasing teacher and staff salaries in the 2025-2026 budget. — This expands employment opportunities and aims to improve educational quality through increased staffing and retention. YouTube (Fox Carolina)
  • The district is implementing a new grade structure for the 2024-25 school year, with elementary (K-5), middle (6-8), and freshman academy (9th) schools. — This restructuring aims to optimize learning environments and accommodate student growth more effectively. Spartanburg District Five
Concerns
  • Spartanburg District Five's enrollment has consistently grown, with a projected 16% increase over the next five years, potentially surpassing 14,000 students by 2034. — Rapid growth can strain existing resources and lead to overcrowding if not adequately addressed by new facilities. Spartanburg District Five
  • Proposed attendance line changes for elementary schools began in the 2024-25 school year due to enrollment growth and new facilities. — Changes in attendance zones can disrupt established community ties and school routines for some families. Duncan Elementary School of the Arts
Bottom line: Spartanburg School District Five is actively expanding facilities and programs to manage significant enrollment growth, largely funded by voter-approved bonds without tax increases.
Civic & policy in Duncan, SC (29334) Updated 95 days ago
Recent government decisions impacting Duncan, SC, include a local school bond referendum, a county sales tax continuation for infrastructure, and state-level income tax rate modifications.
Opportunities
  • Spartanburg District Five voters approved a $200 million bond referendum on November 4, 2025, for school expansion and new facilities. — This investment addresses growing student enrollment without raising property taxes, improving educational infrastructure. Town of Duncan, SC
  • Spartanburg County voters approved a continuation of the Capital Project Sales Tax in November 2023. — This sales tax funds critical road improvements and other capital projects without imposing a new tax. Spartanburg County
  • South Carolina Governor signed H. 4216 into law on March 30, 2026, modifying individual income tax rates. — This bill reduces the tax rate for lower incomes and offers new income-adjusted deductions, potentially increasing disposable income. SC Dept. of Revenue
Bottom line: Local and state governments have recently focused on infrastructure and tax adjustments, with a positive trend for residents.

AI-generated from public web sources. Always verify with official records. Not financial, legal, or investment advice.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Duncan:

B Good
Buy Confidence Score: 73/100
Affordability
15/25
Appreciation
22/25
Stability
11/20
Timing
10/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.2× the median income
Value Trend
Stable (+2.5%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,927/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
❄️
COOL MARKET
Spartanburg, SC Metro Area
More inventory, negotiating room for buyers
63 days
Average time to sell
Slow
10.6%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Spartanburg, SC metro data
🏠

Property Strategy for 29334

Which property type performs best in this market?

Best for Cash Flow
2BR
6.0% cap rate
Best for Appreciation
5BR
+7.8% 5yr CAGR
Best Overall Value
5BR
$81,322/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $169,518 $1,420 6.0% +7.5% $84,759
3BR $273,984 $1,720 4.5% +7.4% $91,328
4BR $353,189 $1,990 4.1% +7.4% $88,297
5BR $406,610 +7.8% $81,322

Market Trends

Home Value History (with trend line)

$328K$287K$245K$204K$163K$122KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$1,993$1,939$1,886$1,832$1,779$1,725Dec 2023Apr 2025Jul 2026

📊 How Does 29334 Compare?

Metric 29334 Duncan Spartanburg, SC South Carolina
Home Value $312,950 $312,950 N/A $299,690
5-Year CAGR 5.2% 5.2% N/A 7.3%
Avg Rent $1,927 $1,927 N/A -
Cap Rate 4.8% 4.8% - -
💡 Why Invest in 29334? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
Open the Market Finder →
Free to search · investor plans from $19/mo

Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 29334 (Duncan, SC). Anonymous, moderated, never written by AI.

Do you own or manage rentals in ZIP 29334 (Duncan, SC)?

~25 seconds · no account needed · your report is anonymous

Investability
Good
Cap Rate
4.8%
Fair
5yr Growth
+5.2%
Moderate

📉 Market Crash Risk Index

Based on Spartanburg, SC metro

3/10
Moderate Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
1/3
58%
Days Pending
2/2
63 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $312,950
Monthly Rent $1,927
Price-to-Rent 13.5:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 7.4%
Cap Rate 4.8%
5-Year IRR 10.0%

📈 Home Appreciation

1-Year +2.5% ▲
3-Year CAGR +2.2% ▲
5-Year CAGR +5.2% ▲
10-Year CAGR +6.7% ▲

🏠 Rent Trends

1-Year +5.2% ▲
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 4.8%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.8%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
8.0%
Moderate risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+5.2%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 29334

Population: 18,260

💰 Median Household Income
$74,675
This area
$74,675
State
$58,636
USA
$74,580
🏠 Renter Occupied
26.9%
This area
26.9%
State
26.9%
USA
34.0%
💼 Unemployment Rate
2.1%
This area
2.1%
State
-1.4%
USA
3.7%
🎓 College Educated
30.5%
This area
30.5%
State
14.2%
USA
33.7%
👤 Median Age
35.9 years
This area
35.9 years
State
22.7 years
USA
38.9 years
🏚️ Vacancy Rate
8.0%
This area
8.0%
State
17.5%
USA
10.5%
👥 Population by Ethnicity
White 69.1%
Black/African American 21.1%
Other/Mixed 7.1%
Hispanic/Latino 6.6%
Asian 2.6%
👶 Under 18
23.5%
This area
23.5%
USA
22.0%
👴 65 and Over
12.4%
This area
12.4%
USA
17.3%
📊 Poverty Rate
5.5%
This area
5.5%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Schools in 29334

B+ Avg School Grade
7 Schools
14.4:1 Avg Class Size
$16,243 Avg Per Pupil

Schools in This ZIP Code

A Very Good

Abner Creek Academy

📚 Pre-K – 04 Elementary
👥
760 Students
👨‍🏫
12.8:1 Class Size
💰
$16,243 Per Student
A Very Good

Beech Springs Intermediate

📚 05 – 06 School
👥
752 Students
👨‍🏫
13.0:1 Class Size
💰
$16,243 Per Student
A Very Good

Duncan Elementary School of the Arts

📚 Pre-K – 04 Elementary
👥
739 Students
👨‍🏫
12.5:1 Class Size
💰
$16,243 Per Student
B+ Above Average

Berry Shoals Intermediate

📚 05 – 06 School
👥
896 Students
👨‍🏫
14.2:1 Class Size
💰
$16,243 Per Student
B+ Above Average

Florence Chapel Middle

📚 07 – 08 Middle
👥
882 Students
👨‍🏫
13.1:1 Class Size
💰
$16,243 Per Student
B+ Above Average

James Byrnes Freshman Academy

📚 Grade 09 High School
👥
810 Students
👨‍🏫
16.5:1 Class Size
💰
$16,243 Per Student
C+ Average

James F. Byrnes High

📚 09 – 12 High School
👥
2,315 Students
👨‍🏫
18.7:1 Class Size
💰
$16,243 Per Student
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

🎓 Nearby Colleges & Universities

8 Nearby 2,510 Off-Campus Students
C
Kenneth Shuler School of Cosmetology-Spartanburg
132 students · 8.7 mi
C
Spartanburg Community College
6,330 students · 9.1 mi
C
Spartanburg Methodist College
1,029 students · 9.4 mi
C
Paul Mitchell the School-Greenville
147 students · 10.7 mi
C+
University of South Carolina-Upstate
4,946 students · 10.9 mi
D
Sherman College of Chiropractic
381 students · 11.0 mi
B
Wofford College
1,873 students · 11.5 mi
C
Academy of Hair Technology
95 students · 11.6 mi

Investor Insight: With 2,510 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

Where do rents currently stand in Duncan, SC?

The typical rental in Duncan, SC commands about $1,927/mo monthly. That rent profile even-keeled cash flow against the $313K purchase basis.

Is the tenant base reliable in Duncan, SC?

Tenant demand in Duncan, SC is solid. The local workforce $1,927/mo rents across most rental classes.

How much should I expect to pay for a home in Duncan, SC?

Expect median prices around $313K in Duncan, SC. The market has run at a 0.0% 5-year CAGR, so entry costs have been stable.

How do experienced investors play Duncan, SC?

Investors who focus on careful cash-flow rentals with hands-on management typically do well in Duncan, SC. The numbers - $313K homes against $1,927/mo rents - support that play.

Is real estate in Duncan, SC a good investment right now?

Duncan, SC rates 3.0/5 for investability. With median values at $313K and rents near $1,927/mo, the market offers reasonable fundamentals for rental investors.

You know 29334 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 29334 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.

Compare Plans

How 29334 ranks in Spartanburg, SC

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
🤖

AI Market Advisor

Ask questions about investing in 29334 (Duncan)

Loading...

Community Ratings

What people who’ve spent time here actually say. Not paid reviews.

Be the first to rate 29334 (Duncan, SC).

It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.