Real Estate Market Update for Walterboro, SC
Welcome to June's Market Update. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was down 25% from one year earlier, and up 1% from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month was just under 140-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 31%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was 100-thousand dollars. The number of units sold increased 7% year-over-year, and increased 36% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Walterboro, SC
Area Information for Walterboro, SC
  • Population: 5,294
  • Median Age: 38.82 yr
  • Median Commute Time: 28 mins
  • Educational Climate*: 3
  • Sales Tax: 7%
  • Population Density: 816/sq mi
  • Population Change Since 2000: -5.04%
  • Closest Airport: Charleston Afb/international
  • Closest College: University Of South Carolina-beaufort
  • Closest Jr. College: Technical College Of The Lowcountry
  • Median Household Income: $25,826
  • Annual Residential Turnover: 0%
  • Median Home Sales Price: $103,000
  • Closest Major Sports Team: Charleston (sc) Riverdogs (a)
  • Change Avg. Household Income Since 2000: 13.44%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Walterboro, SC
Median Age: 38.82 Married: 29% Number of Households: 2,132 Households with Children: 512
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Walterboro, SC

      School Name Distance Type Grades School Rating Parent Rating
      Forest Hills Elementary School 2.5 mi Public 1-5 2 0
      First Baptist Kindergarten 2.9 mi Private PRESCHOOL-K 0 0
      Colleton Middle School 4.0 mi Public 6-8 1 0
      North Walterboro Christian Academy 4.1 mi Private K-12 0 0
      Colleton Preparatory Academy 4.3 mi Private PRESCHOOL-12 0 0
      Colleton County High School 4.4 mi Public 9-12 1 3
      Family Christian Academy 4.6 mi Private PRESCHOOL-8 0 0
      Hendersonville Elementary School 5.8 mi Public PRESCHOOL-5 1 0
      Thunderbolt Career And Technology Center 6.0 mi Public 9-12 0 0
      Northside Elementary School 6.8 mi Public 1-5 1 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for Walterboro, SC
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.