Ravenel, SC housing market
The typical Ravenel home is worth about $487,000, about the same as a year ago, 59% above the South Carolina typical home. Homes typically sell in 68 days, close to asking.
Home values, sales, trends and how Ravenel compares with the towns next door — updated as new data is published.
Ravenel at a glance
A strong seller's market
Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.
Typical home value, 2016–2026
Show as a table
| January | Ravenel | South Carolina |
|---|---|---|
| 2017 | $254,000 | $171,000 |
| 2018 | $272,000 | $180,000 |
| 2019 | $276,000 | $190,000 |
| 2020 | $294,000 | $201,000 |
| 2021 | $331,000 | $222,000 |
| 2022 | $388,000 | $260,000 |
| 2023 | $439,000 | $291,000 |
| 2024 | $473,000 | $301,000 |
| 2025 | $490,000 | $306,000 |
| 2026 | $493,000 | $305,000 |
| August 2026 | $487,000 | $306,000 |
Ravenel and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2012 | Median income |
|---|---|---|---|---|---|
| Ravenel | $487K | +0.2% | $1,300 | — | $82,738 |
| Hollywood | $514K | 0% | $1,300 | 0 | $73,693 |
5.9 years of income
The typical Ravenel home costs about 5.9 years of the town's median household income, more than across South Carolina (4.4 years).
How Ravenel ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,300
HUD's Fair Market Rent for a two-bedroom in Ravenel is $1,300 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Ravenel pay a median of $1,115, so moving in tends to cost more than staying put. A two-bedroom takes about 19% of the town's median household income.
Studio $1,130 · 4 bedrooms $1,960
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (29449, 29470; Charleston-North Charleston, SC MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.