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Featured local agent — Tega Cay, SC
Sarah Mitchell
Compass Real Estate · Tega Cay, SC
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Tega Cay, SC Housing Market
The typical home in Tega Cay, SC is worth $599,961, held roughly flat 0.5% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $537,250, -2.8% year over year (through May 2026). With 4.5 months of supply and homes going under contract in about 51 days, Tega Cay is a leaning buyer's. At today's 7.03% 30-year fixed rate, 20% down on a $599,961 home is about $3,203/mo in principal and interest.
Key numbers for Tega Cay, SC
Typical home value
$599,961
-0.5% in 12 months
Zillow, August 2026
Median sale price
$537,250
-2.8% year over year
Redfin, through May 2026
Days on market
51
Average pace
Redfin, through May 2026
Active listings
100
4.5 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$141,037
Home costs 4.3x income
U.S. Census ACS, 2023
Sale-to-list ratio
99.0%
Selling below asking
Redfin, through May 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Tega Cay a buyer's or seller's market?
Tega Cay, SC is a leaning buyer's, based on 4.5 months of supply and homes selling in about 51 days. 4 to 5 months of supply is the neutral band: neither side holds a structural advantage, and outcomes turn on the individual property.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Tega Cay housing market data show?
Every row below is Redfin's final published month for Tega Cay, SC. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $537,250 |
| Median list price | $584,099 |
| Year-over-year price change | -2.8% |
| Median price per sq ft | $235/sq ft |
| Median days on market | 51 days |
| Active inventory | 100 listings |
| Months of supply | 4.5 months |
| Sale-to-list price ratio | 99.0% |
| Homes sold (that month) | 22 |
| New listings (that month) | 36 |
| Listings with a price cut | 38.0% |
| Market condition | Leaning buyer's |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Tega Cay is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Tega Cay is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Tega Cay home prices moved?
Over the last three years the median sale price in Tega Cay, SC rose 5.3%, from $510,000 to $537,250. The live Zillow value series has held roughly flat 0.5% in the last 12 months, which is the more current read now that Redfin's series has stopped. 38.0% of Tega Cay listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 4.5 months while the sale-to-list ratio slips below its current 99.0%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Tega Cay?
Priced off the typical home value of $599,961 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $119,992 | $479,969 | $3,203/mo |
| 5% | $29,998 | $569,963 | $3,803/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $3,203, that implies roughly $137,268 a year before you add taxes and insurance. The median household in Tega Cay earns $141,037, about $3,769 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 4.3x — above the historical 3x norm but in line with much of the country in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Tega Cay in the next 12 months?
Tell us your timeline. We send the Tega Cay market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Tega Cay?
Zillow does not publish a rent index (ZORI) for Tega Cay, SC, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Tega Cay?
Active listings in Tega Cay, SC went from 101 in May 2025 to 100 in May 2026, a -1.0% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 99 | 35 |
| July 2025 | 96 | 34 |
| August 2025 | 101 | 38 |
| September 2025 | 90 | 26 |
| October 2025 | 84 | 22 |
| November 2025 | 84 | 21 |
| December 2025 | 79 | 15 |
| January 2026 | 73 | 20 |
| February 2026 | 76 | 26 |
| March 2026 | 83 | 28 |
| April 2026 | 95 | 35 |
| May 2026 | 100 | 36 |
Redfin, through May 2026
How does Tega Cay compare to South Carolina and the U.S.?
Tega Cay homes sell for $537,250 — 36% above the South Carolina median of $394,000. Against the national median of $410,700, Tega Cay runs 31% higher. Year-over-year, Tega Cay moved -2.8% against South Carolina's +1.2% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Tega Cay, SC | $537,250 | -2.8% | 51 days |
| South Carolina statewide | $394,000 | +1.2% | 72 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Tega Cay
What buyers should watch
- Months of supply, currently 4.5. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 38.0%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $601 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $599,961 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Tega Cay listing goes under contract in 51 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 99.0% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- In the last published month Tega Cay added 36 new listings against 22 sales — more competition arriving than clearing, so early timing matters.
- Your equity moved -0.5% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Tega Cay varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Tega Cay
There are currently 100 homes listed for sale in Tega Cay, South Carolina. The median listing price is $584K.
Active listings
100
Homes on market
Median list price
$584K
Avg. days on market
51
Days until sale
New this week
36
Newly listed
How much do homes cost in Tega Cay by property type?
How the Tega Cay, SC market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $670,000 | $242/sq ft | 17 | 44 days |
| Condo / co-op | $470,000 | $247/sq ft | 1 | 38 days |
| Townhouse | $394,750 | $200/sq ft | 4 | 88 days |
Who lives in Tega Cay?
American Community Survey estimates for Tega Cay. U.S. Census ACS, 2023
Population
13,267
Households
4,775
Median income
$141,037/yr
Median age
41.5 years
Owner-occupied
85.2%
Median home value
$494,500
Median gross rent
$1,307/mo
Mean commute
28.1 min
85.2% of occupied homes in Tega Cay are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $494,500 against Zillow's $599,961 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.
Which public schools serve Tega Cay?
3 schools tracked · 2,520 students
The largest public schools serving Tega Cay, SC by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Gold Hill Middle
Grades 6-8 · 878 students
Gold Hill Elementary
Grades K-5 · 847 students
Tega Cay Elementary
Grades PK-5 · 795 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Tega Cay, SC?
Ordered by distance from Tega Cay, not by size. Compare Tega Cay side by side with any of them.
Tega Cay housing market FAQ
Is Tega Cay a buyer's or seller's market?
Tega Cay, SC is currently a leaning buyer's. That read comes from 4.5 months of supply, homes going under contract in about 51 days, and sellers getting 99.0% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Tega Cay?
The typical home in Tega Cay, SC is worth $599,961 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $537,250, about $235 per square foot.
Is Tega Cay cheaper than the rest of South Carolina?
Tega Cay's median sale price of $537,250 is 36% higher than the South Carolina statewide median of $394,000, and 31% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Tega Cay?
Homes in Tega Cay, SC spent a median of 51 days on market before going under contract, versus 72 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Tega Cay?
At the current 30-year fixed rate of 7.03%, 20% down on a $599,961 home is about $3,203 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $137,268 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $141,037.
Are home prices rising in Tega Cay?
The typical home value in Tega Cay, SC held roughly flat 0.5% over the last 12 months, from $602,746 to $599,961 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Tega Cay?
Tega Cay ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Tega Cay?
That depends on your timeline, not on a headline. What the data says today: Tega Cay, SC is a leaning buyer's with 4.5 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
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