Zip 29676 (Salem, SC) Housing

The housing market in 29676 Salem, SC is booming. According to recent data, the median housing value of the area is $482,900 which is significantly higher than the national median of $338,100. Additionally, the 1 year house appreciation rate for 29676 Salem, SC was 16.92%, much higher than the US average of 8.27%. This suggests that there are strong investment opportunities in this region that can be leveraged to increase wealth and take advantage of potential long term gains in value.

The median home cost in Salem (zip 29676) is $482,900. Home appreciation the last 10 years has been 105.6%. Home Appreciation in Salem (zip 29676) is up 21.9%.

Average Age of Homes

- The median age of Salem (zip 29676) real estate is 25 years old

The Rental Market in Salem (zip 29676)

- Renters make up 12.0% of the Salem (zip 29676) population
- 3.0% of houses and apartments in Salem (zip 29676), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Salem, South Carolina	United States
	3,592.0	139,647,020.0
	28	42
	$482,900	$338,100
	21.9%	16.6%
	68.9%	57.0%
	105.6%	101.1%
	$4.76	$10.98
	$1,707	$2,690
	66.6%	57.4%
	29.8%	11.2%
	3.5%	31.4%
Vacant Housing
	3.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	1.1%	0.4%
	18.0%	3.6%
	7.7%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	2.6%	2.4%
	6.4%	2.8%
	4.2%	3.9%
	0.3%	4.5%
	5.4%	11.3%
	12.7%	13.0%
	14.8%	20.1%
	6.3%	13.6%
	7.4%	8.3%
	21.2%	9.7%
	11.7%	3.9%
	4.2%	2.2%
	1.7%	0.8%
	1.1%	1.1%
Housing Units by Year Structure Built
	0.8%	0.2%
	34.3%	13.6%
	34.3%	13.6%
	18.0%	13.6%
	24.1%	13.2%
	14.4%	14.8%
	18.0%	13.6%
	1.6%	10.0%
	0.8%	4.7%
	1.3%	12.2%

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