29520, Cheraw, SC

The 29520 zip code of Cheraw, SC has a median home value of $183,000. This is significantly lower than the statewide median home value of $217,500. The 29520 zip code also has a low home equity percentage at just 7%. This is significantly lower than the statewide average of 14%. There are several factors that could be contributing to these low home values and low equity percentages in this zip code. One reason may be that there are a high number of homes that are in foreclosure or have been repossessed. Another reason may be that the homes in this zip code are older and not in good condition. Finally, this zip code is located in a rural area which could lead to less demand for homes and higher prices.