29016, Blythewood, SC

The 29016 zip code of Blythewood, SC has a population of around 25,000 and is located in the Charlotte metropolitan area. The median home value in this zip code is $191,900 which is above the national median home value of $177,500. This means that there are a higher percentage of homes in this zip code that are worth more than the national average.

One reason that homes in this zip code are worth more than the national average is because there is a high concentration of affluent residents here. The percentage of households earning over $100,000 annually is above the national average and there are also a high number of single-family homes owned by couples or families with children. These factors together contribute to make Blythewood one of the most expensive areas to live in Charlotte.

Despite being expensive, homeownership rates in this zip code remain high at around 73%. This indicates that many people who live here own their homes and are not renters. In addition, there is a low rate of foreclosure activity in this area which suggests that homeownership rates here are stable or increasing over time. This stability likely contributes to why home values have remained relatively high even as other areas within Charlotte have seen prices decline over recent years.