29642 — Anderson County, South Carolina Market Snapshot
Housing market data for zip code 29642 in Anderson County, South Carolina. Updated monthly with median prices, days on market, and more.
Market Sales Data
176 sales in 2026 (year to date)
Median Sale Price
$350,950
Days to Sell
84
Homes Sold
176
Inventory
194
Sale-to-List
97.9%
New Listings
232
Price/SqFt
$161
Pending Sales
219
Conforming Loan Available
Most homebuyers in 29642 can comfortably use conventional financing. The median home price of $350,950 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
With homes sitting for 84 days on average, 29642 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Sale-to-List Ratio
The average home in 29642 sells for 2.1% below asking price (97.9% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 29642 can comfortably use conventional financing. The median home price of $350,950 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 29642 are set at the county level.
2026 Loan Limits — Anderson County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 29642
To purchase the median home at $350,950 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,839.
Monthly Payment
$2,839
Income Required
$121,666
Principal & Interest
$2,162/mo
Down Payment (5%)
$17,548
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 29642.
Estimated Monthly Payment
$2,322
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