29708, Fort Mill, SC

The 29708 zip code of Fort Mill, SC is located in the Pee Dee region of South Carolina and has a population of approximately 17,000. The median household income in this zip code is $49,000 and the median home value is $135,000. Home equity in this zip code has increased by 116% since 2007 and home prices have increased by 88%.

There are several factors that contribute to the high home equity and home prices in the 29708 zip code of Fort Mill. First, this area has seen strong economic growth over the past few years due to its proximity to major metropolitan areas such as Charlotte and Columbia. Second, there is a large number of affluent families living in this area which means that there is a high demand for homes. Finally, the market for homes in this area has been stable over the past few years which has helped to increase home values.

Despite these positive trends, there are some challenges facing homeowners in the 29708 zip code of Fort Mill. One issue is that interest rates have remained relatively low over the past few years which has made it difficult for homeowners to get loans for renovations or new construction. Another issue is that there are a limited number of available housing units in this area which means that prices can be very high when they do become available.