29135, Saint Matthews, SC

Saint Matthews, SC is located in the 29135 zip code. According to the 2010 census, Saint Matthews has a population of 2,868. The median household income in Saint Matthews is $101,924. The median home value in Saint Matthews is $224,000.

Home equity and home prices are important factors to consider when purchasing a home. Home equity refers to the value of a homeowner's home minus any outstanding mortgages or other loans on the property. Home prices refer to the price at which homes are sold in Saint Matthews.

Since 2007, home values have increased significantly in Saint Matthews. In 2007, the median home value was $209,000. By 2009, this had increased to $225,000 and continued to increase each year thereafter. In 2017, the median home value was $224,000 and has continued to increase since then. This indicates that there is strong demand for homes in Saint Matthews and that homeowners can expect their homes' values to continue increasing over time.

While there is strong demand for homes in Saint Matthews right now, it's important to keep in mind that market conditions can change quickly and unexpectedly. For example, during the housing crisis of 2008-2009 there was a sharp decrease in home values across much of America due to high levels of foreclosure activity and defaults on mortgages. As a result of this decline in prices many homeowners who had invested heavily into their homes saw their equity reduced significantly and were forced into foreclosure or bankruptcy proceedings as a result。 Therefore it's important for buyers who are interested in purchasing a home in Saint Matthews to do their research carefully so they don't get caught off guard by sudden changes in market conditions。