29055, Great Falls, SC

The 29055 zip code of Great Falls, SC has a median home value of $128,000. This is lower than the statewide median home value of $217,500. The 29055 zip code also has a lower than average percentage of homeowners with a mortgage at 66%. This is higher than the statewide percentage of homeowners with a mortgage at 63%. The 29055 zip code has a lower than average percentage of homeowners who owe more on their mortgage than their home is worth at 3%. This is higher than the statewide percentage of homeowners who owe more on their mortgage than their home is worth at 2%.

There are several factors that could contribute to the lower median home values in the 29055 zip code. One reason may be that there are fewer homes for sale in this area compared to other parts of South Carolina. Another reason may be that homes in this area have been in the family for longer and have not been updated as frequently as newer homes. Additionally, some homes in this area may be older and not up to current standards.