29418, North Charleston, SC

The 29418 zip code of North Charleston, SC is located in the Lowcountry region of South Carolina. The area has a population of about 137,000 and an average household income of around $50,000. Home prices in the zip code have increased by about 20% over the past five years, reaching a median price of $160,000 in 2016.

One reason for this increase is that the area has seen strong job growth over this period. The number of jobs in North Charleston has increased by about 10%, and the unemployment rate has fallen from around 8% to 5%. This strong job market has led to an increase in demand for housing, which in turn has driven up home prices.

Another factor contributing to the increase in home prices is that there are relatively few homes available for sale in the 29418 zip code. This shortage of available homes has led to bidding wars between buyers and sellers, which has driven up prices even further.

Overall, it seems that home prices in the 29418 zip code are continuing to rise rapidly due to strong demand and limited supply. If you're looking to buy a house or invest in property here, it's important to be aware of these trends so that you can make informed decisions about your investment options