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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 & Real Estate
Housing market overview · Updated monthly ·
$537,250median sale price
How is the Tega Cay, SC housing market right now?
The median home sale price in Tega Cay, SC is $537,250, down 2.8% year-over-year. Homes sell in an average of 51 days with 100 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Tega Cay a buyer's or seller's market?
Tega Cay, SC is currently a leaning buyer's, based on 4.5 months of supply and homes selling in about 51 days. How we determine this →
Homes sold
22
Last 12 weeks
Days on market
51
Average pace
Active listings
100
4.5 months supply
Sale-to-list
99.0%
Below asking
What does the Tega Cay housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $537,250 |
| Median list price | $584,099 |
| Year-over-year price change | -2.8% |
| Average days on market | 51 days |
| Active inventory | 100 listings |
| Months of supply | 4.5 months |
| Sale-to-list price ratio | 99.0% |
| Median price per sq ft | $235/sq ft |
| Homes sold (latest month) | 22 |
| New listings (latest month) | 36 |
| Listings with a price cut | 38.0% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
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.
| 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 |
Source: Redfin · Updated monthly
The Tega Cay housing market is currently classified as a leaning buyer's with a median sale price of $537,250. Prices have fallen 2.8% compared to last year, with homes spending an average of 51 days on market, indicating 4.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.3x provides context for how home values compare to local earning capacity.
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
Who lives in Tega Cay?
Population
13,267
Median income
$141,037/yr
Median age
41.5 years
Owner-occupied
85.2%
College grads
65.7%
Avg commute
28.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Tega Cay?
Zillow home value
$608,245
Zillow rent index
$2,600/mo
Price-to-rent ratio
19.5x
Price-to-income
4.3x
Source: Zillow Research
What is it like to live in Tega Cay?
Tega Cay is a community of approximately 13K residents with a median age of 41.5 years.The median household income is $141,037, which reflects a relatively affluent area with strong earning potential. 65.7% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 85.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 28.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Tega Cay offers a balanced lifestyle with accessible home values relative to local income levels.
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?
Want a head-to-head view? Compare Tega Cay side-by-side with any other U.S. city using our market-comparison tool.
Is Tega Cay a good real estate investment market?
For investors evaluating Tega Cay, the price-to-rent ratio of 19.5x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 2.8% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Tega Cay's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Tega Cay's median home price.
Frequently asked questions
What is the average home price in Tega Cay?
The median home sale price in Tega Cay is $537,250, down 2.8% from last year.
How long do homes stay on market in Tega Cay?
Homes typically spend 51 days on market before going under contract.
What is the median income in Tega Cay?
The median household income is $141,037 per year.
Is Tega Cay a buyer's or seller's market?
With 4.5 months of supply, Tega Cay is currently a leaning buyer's.
What is the Zillow home value estimate for Tega Cay?
The Zillow Home Value Index (ZHVI) for Tega Cay is $608,245, representing the typical home value in the area.
What is the median condo price in Tega Cay?
The median condo/co-op sale price in Tega Cay, SC is $470,000, compared to $670,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Tega Cay?
The median single-family home price in Tega Cay, SC is $670,000 (about $242 per square foot).
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