29571, Marion, SC

Marion, SC is located in the southeastern part of the state and has a population of just over 30,000 people. The 29571 zip code covers a total area of just over 2 square miles and has a median home value of $119,000. Home equity in Marion has been on the rise for the past few years as prices have increased by an average of 7% annually. In fact, according to Zillow’s recent report on home values in America’s 100 largest cities, Marion ranks as the 20th most expensive zip code in America with an average home value of $225,700.

One reason for this increase in home values is that Marion is experiencing strong growth rates both economically and demographically. The city’s unemployment rate is currently at 3%, which is below the national average and its population is growing by about 1% each year. Additionally, there are many new businesses moving into Marion every year and this contributes to increased demand for housing.

While there are many factors contributing to Marion’s high home values, one important factor that cannot be ignored is the availability of quality homes for sale. There are plenty of options available for buyers who are looking for properties that meet their specific needs and preferences. This includes single-family homes as well as condos and townhouses – all of which come with different price tags but offer similar features and amenities.

Overall, it seems safe to say that Marion residents are enjoying rising home values – especially since these prices continue to outpace inflation rates by a significant margin. If you're thinking about buying or selling a property in this area – or anywhere else in South Carolina – be sure to consult with an experienced real estate agent who can help you find what you're looking for at the right price point