29724, Lando, SC

Home Equity and Home Prices in the 29724 Zip Code of Lando, SC

The 29724 zip code of Lando, SC has a median home value of $130,000. This is lower than the statewide median home value of $217,500. The 29724 zip code also has a lower home equity percentage than the statewide average of 59%. This indicates that there are more homes in this zip code that are worth less than their original purchase price.

Lando is located in Greenville County and has a population of just over 9,000 people. The majority (77%) of residents here are white and the median age is 44 years old. There are also a significant number (27%) of residents who are retired which may be contributing to the lower home equity percentage in this zip code.

Despite these factors, there have been some positive changes in Lando over the past few years. For example, the unemployment rate has decreased from 10% to 7% since 2010 which may be contributing to an increase in home values as potential buyers become more confident about their ability to find a job. Additionally, construction projects such as new shopping centers and restaurants have helped to increase demand for housing in this area which could also lead to higher home values down the road.