29365, Lyman, SC

Lyman, SC is located in Spartanburg County and has a population of just over 10,000. The 29365 zip code covers a small area of Lyman and has a median home value of $128,000. Home prices have been on the rise in Lyman for the past few years and are now above their pre-recession levels.

There are several factors that have contributed to the increase in home values in Lyman. First, the local economy has been strong overall and there has been little to no inflationary pressure on prices. Second, there is a limited supply of homes available for sale which has driven up prices. Finally, many homeowners in Lyman have taken advantage of low interest rates to refinance their mortgages and boost their home equity values.

While home prices in Lyman are currently high, they may not stay this way for long. There are several potential risks that could cause prices to decline including an increase in interest rates or a decrease in demand for homes due to economic conditions outside of Lyman's control. In any case, it is important for homeowners in Lyman to stay current with market trends so they can make informed decisions about whether or not to sell their homes or invest in them further.