29924, Hampton, SC

The Hampton zip code 29924 has a population of about 25,000 people. The median household income is about $60,000. The home equity in this zip code is around $225,000. This means that the average homeowner in this zip code has around $115,000 in equity in their home.

There are a number of factors that affect home prices and home equity. Some of these factors include interest rates, inflation, market saturation, and local economic conditions.

Right now, the interest rates are low which is helping to increase the value of homes and increase homeowners' equity levels. Inflation is also low which is helping to keep the value of homes stable over time. However, if there were to be an increase in inflation then it would likely have a negative impact on homeowners' equity levels since their homes would become worth less over time due to increased costs associated with owning a home.

Another factor that affects home prices and homeowners' equity levels is market saturation. If there are too many houses being built then the demand for those houses will go down which will lead to lower prices and less equity for homeowners.

Local economic conditions can also have an impact on home values and homeowners' equity levels. For example, if there are more jobs available then the demand for housing will go up which will lead to higher prices and more equity for homeowners.

Overall, it appears that right now most homeowners in the Hampton zip code have around $115,000 in Equity in their homes which is relatively high given current market conditions