Real Estate Investing in Conway, South Carolina (29527)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 29527 (Conway, SC)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 11.2% vacancy may signal weakening demand.
What’s happening in Conway, SC (29527)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 29527 Conway
ZIP 29527 in Conway, SC carries a resilient set of headwinds. Home values near $263K and rents of $1,712/mo sit inside a market where underwriting has to be tight.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $263K asset, 29527 is the wrong submarket. If the plan prices in friction, the yield can still work.
On balance, 29527 offers a low basis, the region around Conway has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Resident income in 29527 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Strategically, 29527 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Conway:
Property Strategy for 29527
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $148,552 | $1,270 | 6.2% | +6.1% | $74,276 |
| 3BR | $259,584 | $1,600 | 4.4% | +8.3% | $86,528 |
| 4BR | $300,192 | $1,860 | 4.5% | +7.6% | $75,048 |
| 5BR | $326,655 | — | — | +6.9% | $65,331 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 29527 Compare?
| Metric | 29527 | Conway | South Carolina |
|---|---|---|---|
| Home Value | $263,160 | $282,691 | $299,690 |
| 5-Year CAGR | 5.6% | 5.5% | 7.3% |
| Avg Rent | $1,712 | $1,802 | - |
| Cap Rate | 5.1% | 5.0% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 29527 (Conway, SC). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $263,160 |
| Monthly Rent | $1,712 |
| Price-to-Rent | 12.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.8% |
| Cap Rate | 5.1% |
| 5-Year IRR | 10.7% |
📈 Home Appreciation
| 1-Year | +1.5% ▲ |
| 3-Year CAGR | +0.3% ▲ |
| 5-Year CAGR | +5.6% ▲ |
| 10-Year CAGR | +7.0% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.1%). 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.
Demographics in 29527
Population: 29,054
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 29527
Schools in This ZIP Code
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
Investor Insight: With 4,344 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the investability score for Conway, SC?
Yes - Conway, SC a 3.0/5 investability score. With $263K home prices against $1,712/mo monthly rent, the market delivers a reasonable entry point for new investors.
Do landlords face vacancy issues in Conway, SC?
Expect elevated vacancy in Conway, SC. Rents at $1,712/mo are absorbed by the tenant base without meaningful lag.
What do landlords charge for rent in Conway, SC?
Expect rents around $1,712/mo per month in Conway, SC. With home values at $263K, the yield math works out to reasonable levels for rental investors.
What is the best play in Conway, SC?
For Conway, SC, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
Where do home prices stand in Conway, SC?
Conway, SC median home values land near $263K. That is reasonable territory for investors looking at $1,712/mo-per-month rentals.
You know 29527 now. You don’t know where it ranks.
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How 29527 ranks in Myrtle Beach-Conway-North Myrtle Beach, SC-NC
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