Home Values

29588 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 29588 is $101, which is higher than the Socastee average of $97. The median price of homes currently listed in 29588 is $164,000 while the median price of homes that sold is $138,175. The median rent price in 29588 is $995, which is lower than the Socastee median of $1,100.

Foreclosures will be a factor impacting home values in the next several years. In 29588 6.2 homes are foreclosed (per 10,000). This is lower than the Socastee value of 9.4 and also greater than the national value of 4.0

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 29588 is 8.7%, which is higher than the national value of 6.9%. 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 29588 homeowners underwater on their mortgage is 24.7%, which is the same as Socastee at 24.7%.

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Relative ZHVI
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29588 Market Overview

Data through Sep 30, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $164,000 Median listing price
  • No recent data Median sale price
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29588 Market Health

Data through Sep 30, 2014
  • No recent data
  • No data Average days on Zillow
  • 24.7% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 8.7% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Nearby Zip Codes

Name Median ZHVI
29585 $290,300
 
 

Listings & Sales

Data through Sep 30, 2014
  • $101 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 34.2% Listings with price cut
38.4%
Sold below listing
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29588 Rentals

Data through Sep 30, 2014
  • Zillow Rent Index

  • $1,113 29588
    $1,092 Socastee
    $1,335 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
  • $995 Rent list price
  • $0.73 Rent list price / sq ft
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