The housing market in Converse, SC (29329) is thriving. The median value of homes in this area is currently $107,200, which is significantly lower than the US median of $338,100. Despite the lower median value, home appreciation in Converse has outpaced the national average over the last year, with a rate of 18.46%, compared to 8.27% for the country as a whole. This is likely due to a combination of high demand and low inventory in Converse's real estate market. With a booming housing market and relatively affordable prices, now may be an ideal time for potential buyers to invest in property in Converse.
The median home cost in Converse (zip 29329) is $107,200. Home appreciation the last 10 years has been 95.2%. Home Appreciation in Converse (zip 29329) is up 21.0%.
Average Age of Homes
- The median age of Converse (zip 29329) real estate is 78 years old
The Rental Market in Converse (zip 29329)
- Renters make up 41.9% of the Converse (zip 29329) population
- 24.7% of houses and apartments in Converse (zip 29329), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.