Real Estate Investing in Anderson, South Carolina (29626)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 29626 (Anderson, 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: 11.0% vacancy may signal weakening demand.
What’s happening in Anderson, SC (29626)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 29626 Anderson
This part of Anderson County is not an easy win. The 29626 ZIP shows softness in key indicators, and the playbook that works in cleaner markets often stalls here.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $273K asset, 29626 is the wrong submarket. If the plan prices in friction, the yield can still work.
Regionally, 29626 sits on the difficult end of the SC spectrum. The a solid fit for read — for disciplined operators — is that pricing reflects the difficulty.
The 29626 ZIP's population of 13,678 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that records the need for careful underwriting.
New investors are better served looking at Anderson's stable or hybrid ZIPs before stepping into 29626. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Anderson:
Property Strategy for 29626
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $167,934 | $1,140 | 4.9% | +10.4% | $83,967 |
| 3BR | $273,299 | $1,480 | 3.9% | +9.5% | $91,100 |
| 4BR | $463,084 | $1,800 | 2.8% | +10.1% | $115,771 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 29626 Compare?
| Metric | 29626 | Anderson | Greenville-Anderson, SC | South Carolina |
|---|---|---|---|---|
| Home Value | $273,201 | $143,795 | N/A | $299,690 |
| 5-Year CAGR | 7.0% | 7.3% | N/A | 7.3% |
| Avg Rent | $1,200 | $1,258 | N/A | - |
| Cap Rate | 3.4% | 4.2% | - | - |
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 29626 (Anderson, SC). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $273,201 |
| Monthly Rent | $1,200 |
| Price-to-Rent | 19.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.3% |
| Cap Rate | 3.4% |
| 5-Year IRR | 10.4% |
📈 Home Appreciation
| 1-Year | +4.0% ▲ |
| 3-Year CAGR | +2.8% ▲ |
| 5-Year CAGR | +7.0% ▲ |
| 10-Year CAGR | +7.6% ▲ |
🏠 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 (3.4%). 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 29626
Population: 13,678
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 29626
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 3,757 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is real estate in Anderson, SC a good investment right now?
Anderson, SC scores 3.0/5 for investability. Home values sit at $273K and rents near $1,200/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
What is the average home sale price in Anderson, SC?
Typical homes in Anderson, SC go for around $273K. The 5-year CAGR of 0.0% measured price movement.
What do rentals go for in Anderson, SC?
Rental rates in Anderson, SC average $1,200/mo. Tenant demand and $273K home values make the yield look reasonable by investor standards.
Are landlord laws favorable in Anderson, SC?
Anderson, SC operates under SC law, which is landlord-friendly overall for landlords. Expect consistent treatment in typical lease and eviction cases.
How quickly do rentals get leased in Anderson, SC?
Anderson, SC carries elevated vacancy risk. Expect consistent absorption at market rents of $1,200/mo.
You know 29626 now. You don’t know where it ranks.
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How 29626 ranks in Greenville-Anderson, SC
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