29550, Hartsville, SC

The 29550 zip code of Hartsville, SC has a population of around 9,000 people and is located in the Upstate region of South Carolina. The median home value in this zip code is $127,000 which is significantly lower than the national median home value of $205,000. This indicates that there are a large number of homes in this zip code that are worth less than what is typical for homes in the United States.

One reason why the home values in this zip code are lower than average may be due to the fact that there are a large number of homes that were built before 1980. These older homes typically have smaller square footage and may not be as well-maintained as newer homes. Additionally, many homeowners in this area may be underwater on their mortgages and unable to sell their homes at market value. As a result, they may be forced to sell their homes at below-market prices or take out second mortgages to cover the remaining balance on their mortgage.

Despite these factors, there are still some homeowners who have been able to purchase or build homes in this area over the past few years and see their home values increase significantly over time. In addition, those who own newer properties within the 29550 zip code may benefit from increased demand for housing due to rising incomes and job security.