Is Walterboro, SC 29488 a buyer’s or seller’s market?
Walterboro is a balanced market. With about 6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 4% of U.S. ZIP codes, and #180 of 191 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Walterboro housing market right now
In the three months ending August 31, 2026, 9% of homes in Walterboro, SC 29488 sold above their list price, the typical home went under contract in 110 days and there were 6 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 44 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (10% then), homes sold more slowly (76 days then) and the median sale price rose 11% to $274,881. Overall, Walterboro is less competitive than a year ago, which gives buyers more room.
Within Colleton County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county. On our competition score, Walterboro ranks #180 of 191 SC ZIP codes with enough sales (score 11 out of 100).
Nearby, buyers who want less competition could look at Smoaks 29481 (0% sold over asking) or Ruffin 29475 (0% sold over asking).
Run the numbers for 29488
Nearby markets
Cottageville 29435Balanced $215 /sq ftGreen Pond 29446Buyer’s market $962 /sq ftIslandton 29929 — /sq ftJacksonboro 29452 — /sq ft Browse all markets →Towns like Walterboro nearby
Find towns like Walterboro in other states →Where Walterboro is
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Questions about Walterboro real estate
Is Walterboro a buyer’s or seller’s market?
A balanced market: there were 6 months of supply in Walterboro, SC 29488 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Walterboro?
The typical home went under contract in 110 days in the latest three months.
Do homes in Walterboro sell over asking?
9% of homes sold above their original list price, and the typical sale closed at 95.3% of the list price.
What are property taxes in Walterboro?
About 0.55% of a home’s value a year in Colleton County, or roughly $2,200 on a $400,000 home.
What is the median home price in Walterboro?
The median sale price was $274,881 in the three months ending August 31, 2026, about $160 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology