Real Estate Investing in Williamston, South Carolina (29697)
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Should you buy in 29697 (Williamston, SC)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Williamston, SC (29697)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 29697 Williamston
Not every below-median market is a bargain. Williamston's 29697 ZIP posts signals that favor experienced operators who can absorb the risk $281K pricing implies.
The 29697 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
In the broader SC picture, 29697 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Put differently, 14,426 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
The 29697 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Williamston:
Property Strategy for 29697
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $173,541 | $1,170 | 4.9% | +11.6% | $86,771 |
| 3BR | $288,366 | $1,520 | 3.8% | +9.2% | $96,122 |
| 4BR | $429,777 | $1,840 | 3.1% | +8.6% | $107,444 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 29697 Compare?
| Metric | 29697 | Williamston | Greenville-Anderson, SC | South Carolina |
|---|---|---|---|---|
| Home Value | $280,858 | $280,858 | N/A | $299,690 |
| 5-Year CAGR | 7.0% | 7.0% | N/A | 7.3% |
| Avg Rent | $1,250 | $1,250 | N/A | - |
| Cap Rate | 3.5% | 3.5% | - | - |
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 29697 (Williamston, SC). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $280,858 |
| Monthly Rent | $1,250 |
| Price-to-Rent | 18.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.3% |
| Cap Rate | 3.5% |
| 5-Year IRR | 10.5% |
📈 Home Appreciation
| 1-Year | +4.2% ▲ |
| 3-Year CAGR | +2.5% ▲ |
| 5-Year CAGR | +7.0% ▲ |
| 10-Year CAGR | +7.8% ▲ |
🏠 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 (3.5%). 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 29697
Population: 14,426
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 29697
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
What price range are homes in Williamston, SC?
Expect median prices around $281K in Williamston, SC. The market has run at a 0.0% 5-year CAGR, so entry costs have been measured.
Are there empty rentals in Williamston, SC?
Expect elevated vacancy in Williamston, SC. Rents at $1,250/mo are absorbed by the tenant base without meaningful lag.
Are landlord laws favorable in Williamston, SC?
SC ranks as a landlord-friendly state for landlord-tenant law. Williamston generally follows the statewide framework, so landlords face reasonable operating rules.
How viable is house hacking in Williamston, SC?
House hacking in Williamston, SC is reasonable to execute. Prices around $281K and rents of $1,250/mo solid owner-occupant economics.
What type of investing works in Williamston, SC?
For Williamston, SC, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
You know 29697 now. You don’t know where it ranks.
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How 29697 ranks in Greenville-Anderson, SC
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