29733, Rock Hill, SC

The 29733 zip code of Rock Hill, SC is located in the southeastern part of the state and has a population of approximately 97,000. The median household income in this zip code is $59,000 and the median home value is $183,500.

There has been a recent increase in home equity and home prices in this zip code. In 2016, the median home value was $183,500 which was an increase of 8% from 2015. In 2017, the median home value increased by another 5% to reach $186,000. This trend appears to be continuing into 2018 as the latest data shows that the median home value has increased by another 2% to reach $188,500 as of January 1st.

One reason for this increase in home values may be due to strong job growth in this area over the past few years. The unemployment rate for Rock Hill is currently at 3%, which is lower than both statewide (4%) and national (5%) rates. Additionally, there are many new businesses opening up in Rock Hill each year which may also contribute to rising home values.

Another factor that may be contributing to rising home values in this zip code is low interest rates. Currently, interest rates are near historic lows which means that homeowners can borrow money against their homes without having to pay high interest rates. This makes it easier for people who want to buy a house or invest in their own property to do so affordably.