Home Values

29388 Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$104,900

  • 4.5% 1-year change
  • 3.6% 1-year forecast

The median home value in 29388 is $104,900. 29388 home values have gone up 4.5% over the past year and Zillow predicts they will rise 3.6% within the next year. The median list price per square foot in 29388 is None.

Foreclosures will be a factor impacting home values in the next several years. In 29388 4.6 homes are foreclosed (per 10,000). This is greater than the Spartanburg Metro value of 3.7 and also greater than the national value of 3.9

With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of 29388 homeowners underwater on their mortgage is 11.1%, which is lower than Spartanburg Metro at 14.6%.

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Relative ZHVI
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29388 Market Overview

Data through Apr 30, 2015
  • $104,900 ZHVI
  • 3.6% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Apr 30, 2016)
  • No data Median listing price
  • $74,000 Median sale price (Mar 31, 2015)
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29388 Market Health

Data through Apr 30, 2015
  • 3.0/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
    (Feb 28, 2015)
  • No data Average days on Zillow
  • 11.1% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.3% US Avg)

Homes foreclosed (per 10,000)

4.6 homes 29388
3.7 homes Spartanburg Metro
3.9 homes United States
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Nearby Zip Codes

Name Median ZHVI
29681 $188,400
29369 $138,200
29374 $131,400
Name Median ZHVI
29376 $129,500
29644 $123,000
29334 $122,000
Name Median ZHVI
29301 $95,900
29335 $74,800
29306 $65,300

Listings & Sales

Data through Mar 31, 2015
  • No recent data Median list price / sq ft
  • $56 Median sale price / sq ft
  • No data Listings with price cut
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29388 Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $991 29388
    $1,057 Spartanburg Metro
    $1,364 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.5 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
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