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Zip Code 29483

Summerville, SC • Dorchester County

Real Estate Market Analysis

Q3 2025 Report
$364,283 (Feb 2025)
Median Home Value
~55,000 (est. 2025)
Population
$68,000 (est.)
Median Income
Above average (B+ to A-)
School District Rating

Market Statistics

Property Values

$364,283 (Feb 2025)
Median Home Value
$1,700–$2,100 (est., 2025)
Median Rent
$195 (June 2025, Summerville-wide)[1]
Price per Sq Ft

Market Performance

Home Appreciation+0.2% (past year)[3]
Market VelocityMedian 34 days to pending[3]; 69 days avg. on market (June 2025)[4]
Foreclosure RateLow (no significant spike reported, 2025)

Area Information

Area Size~90 sq mi
CountyDorchester
Primary CitySummerville

Housing Profile

Housing Statistics

Total Housing Units~20,000 (est.)
Owner Occupied~70% (est.)
Rental Properties~30% (est.)
Vacant Units~7% (est.)
New ConstructionActive, with ongoing single-family and townhome developments (2024–2025)

Housing Types

Single-family homesTownhomesApartments

Demographics

~55,000 (est. 2025)
Population
36 (est.)
Median Age
$68,000 (est.)
Median Income
~96% (est. unemployment ~4%)
Employment Rate
High school grad+: 90%; Bachelor’s+: 28% (est.)
Education Levels
Predominantly families with children, some retirees
Family Composition

Education Quality

School District Performance

Above average (B+ to A-)
District Rating
School DistrictDorchester School District Two
Test ScoresAbove state average (est. 2024–2025)
Graduation Rates~90% (est.)

Schools in Area

  • William M. Reeves Elementary
  • Summerville Elementary
  • Dr. Eugene Sires Elementary
  • James H. Spann Elementary
  • Knightsville Elementary

Economic Factors

Employment & Business

Job GrowthSteady, driven by manufacturing, healthcare, and logistics
Unemployment Rate~4% (2025 est.)
Business EnvironmentBusiness-friendly, with incentives for tech and manufacturing
Commercial ActivityGrowing retail, logistics, and light industrial

Major Employers

  • Boeing
  • Volvo
  • Medical University of South Carolina (MUSC)
  • Dorchester County School District
  • Retail and logistics firms

Infrastructure & Quality of Life

Infrastructure

Transportation Access

  • • I-26 corridor
  • • US-78
  • • Charleston International Airport (25 min)

Utilities & Services

  • • Water/sewer (Summerville CPW)
  • • Electricity (SCE&G, Berkeley Electric)
  • • Natural gas
  • • Trash/recycling

Quality of Life

Safety & Environment

Lower than national average; property crime moderate, violent crime low (2025)

Good air quality, moderate flood risk in some areas

Healthcare Access

  • • Summerville Medical Center
  • • Trident Medical Center
  • • Multiple urgent care clinics

Development Trends

Planned Developments

  • New subdivisions (single-family, townhomes)
  • Mixed-use retail centers

Infrastructure Projects

  • • Road widening (US-78, I-26 interchanges)
  • • New schools planned

Investment Outlook

Growth Outlook

Continued moderate growth, strong demand for family housing

Investment Opportunities

  • • Single-family rentals
  • • New construction sales
  • • Small multifamily investments

Marketing Intelligence

Target Demographics

  • Young families
  • Military relocators
  • Retirees
  • First-time buyers

Competitive Advantages

  • Strong schools
  • Affordability vs. Charleston
  • Newer housing stock

Pricing Strategies

Price at or just below recent comps for quick sales; highlight value vs. Charleston

Common Objections & Response Strategies

Objection: Traffic congestion and commute times

Response Strategy:

Highlight ongoing road improvements and proximity to I-26 for Charleston access

Objection: Flood risk in some neighborhoods

Response Strategy:

Provide flood zone maps, discuss mitigation, and highlight areas with low risk

Objection: School crowding concerns

Response Strategy:

Share district plans for new schools and recent expansions

Objection: Rising home prices

Response Strategy:

Emphasize continued appreciation and value relative to Charleston

Professional Recommendations

1

Focus on family buyers and relocators; highlight school quality and new amenities

2

Leverage new construction inventory for buyers seeking move-in-ready homes

3

Educate buyers on flood risk and mitigation

4

Price listings competitively to move quickly in a seller’s market

5

Network with local employers and relocation services for referral business

Competitive Analysis

Comparable Markets

  • 29485 (Summerville)
  • 29445 (Goose Creek)
  • 29456 (Ladson)

Market Positioning

Affordable, family-friendly alternative to Charleston

Competitive Advantages

  • Lower price per sq ft than Charleston
  • Better schools than some neighboring zips
  • More new construction options

Price Comparison

29483 median home value ~$364K vs. Charleston ~$520K (2025)

Investment Metrics

5.5–6.5% (single-family rentals, 2025 est.)
Cap Rates
~6% gross yield (est.)
Rental Yields
~17–19 (2025 est.)
Price-to-Rent
Positive cash flow possible with 20% down on median-priced homes
Cash Flow
2–3% annual appreciation expected (2025–2027)
Appreciation

Buyer Journey Insights

First-Time Buyers

Active; attracted by affordability, new construction, and down payment programs

Move-Up Buyers

Seeking larger homes, often within same school district

Downsizers

Prefer new townhomes or low-maintenance single-story homes

Investors

Targeting single-family rentals and new builds for cash flow

Relocators

Military and corporate relocations drawn by proximity to Charleston and major employers

This zip code analysis was generated using comprehensive market data and AI intelligence.

Market conditions change rapidly - consult with local real estate professionals for the most current information.

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