29505, Florence, SC

The 29505 zip code of Florence, SC has a median home value of $191,000. This is lower than the statewide median home value of $217,500. The 29505 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%.

There are several factors that could contribute to the lower home values in the 29505 zip code. One reason may be that this area is not as affluent as other parts of South Carolina. Additionally, there may be fewer homes for sale in this area due to the recent recession. Finally, it may take longer for buyers to find properties in this area because it is less developed.