29689, Townville, SC

Townville, SC is located in the Upstate region of South Carolina and has a population of just over 10,000. The 29689 zip code covers just over 2 square miles and has a median home value of $128,000. Home equity in Townville has been on the rise for the past several years and as of 2016, the median home value was up 20% from 2015.

There are a number of factors that have contributed to the increase in home equity values in Townville. First, there is an abundance of affordable housing options available in the area which has helped to keep prices stable despite strong demand from buyers. Second, there is a low level of unemployment and strong economic growth prospects which are attracting new businesses and families to town. Finally, Townville is located within close proximity to major metropolitan areas such as Greenville and Columbia which means that there is a high level of access to job opportunities and other amenities.

Despite these positive trends, there are still some challenges facing home equity values in Townville. One issue is that interest rates have remained relatively low for much of this decade which has made it difficult for homeowners to achieve significant gains on their investments over time. Additionally, there is a limited supply of homes available for sale in Townville which means that prices can be volatile from year-to-year.