Home Values

29579 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

None

  • None 1-year change
  • None 1-year forecast

The median list price per square foot in 29579 is $102, which is lower than the Myrtle Beach Metro average of $117. The median price of homes currently listed in 29579 is $206,532 while the median price of homes that sold is $124,050. The median rent price in 29579 is $1,050, which is higher than the Myrtle Beach Metro median of $950.

Foreclosures will be a factor impacting home values in the next several years. In 29579 5.8 homes are foreclosed (per 10,000). This is greater than the national value of 4.2

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in 29579 is 6.7%, which is higher than the national value of 6.4%. 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 29579 homeowners underwater on their mortgage is 19.5%.

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Relative ZHVI
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29579 Market Overview

Data through Nov 30, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $206,532 Median listing price
  • No recent data Median sale price
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29579 Market Health

Data through Nov 30, 2014
  • No recent data
  • No data Average days on Zillow
  • 19.5% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 6.7% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)
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Nearby Zip Codes

Name Median ZHVI
28467 $160,000
 
 

Listings & Sales

Data through Nov 30, 2014
  • $102 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
48.8%
Sold below listing
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29579 Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $1,189 29579
    $1,096 Myrtle Beach Metro
    $1,342 United States

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

  • No data Breakeven horizon
  • $1,050 Rent list price
  • $0.78 Rent list price / sq ft
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