Many different semi-supervised learning algorithms have been proposed for use wit unlabeled data. However, most of them focus on classification problems. In this paper we propose a semi-supervised regression algorithm called the semi-supervised local constant estimator (SSLCE), based on the local constant estimator (LCE), and reveal the asymptotic properties of SSLCE. We also show that the SSLCE has a faster convergence rate than that of the LCE when a well chosen weighting factor is employed. Our experiment with synthetic data shows that the SSLCE can improve performance with unlabeled data, and we recommend its use with the proper size of unlabeled data.