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Sarah Mitchell
Compass Real Estate · ZIP 29505
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29505 ZIP Code Housing Market
$270,000median sale price
What is the 29505 housing market like right now?
The median home sale price in ZIP code 29505 is $270,000, up 10.7% year-over-year. Homes sell in an average of 77 days with 150 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is the 29505 ZIP code a buyer's or seller's market?
ZIP code 29505 is currently a leaning buyer's and homes selling in about 77 days. How we determine this →
What are the latest 29505 housing market stats?
| Metric | Value |
|---|---|
| Median sale price | $270,000 |
| Median list price | $267,000 |
| Year-over-year price change | +10.7% |
| Average days on market | 77 days |
| Active inventory | 150 listings |
| Sale-to-list price ratio | 98.3% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
The 29505 zip code, located in Danwood, SC, is currently classified as a leaning buyer's. The median sale price stands at $270,000, representing a +10.7% change year over year. Homes in this area spend an average of 77 days on the market before going under contract. There are currently 150 active listings in the area, which influences how much negotiating power buyers and sellers have.
ZIP 29505 sits in the Danwood, SC area, roughly 5.4 miles from downtown Danwood. Because home prices are set street by street, this ZIP can move differently from Danwood's citywide averages. The figures below reflect 29505 specifically — drawn from Redfin transactions, U.S. Census data for its 23,895 residents, and Zillow value estimates.
Homes sold
93
Last 12 weeks
Days on market
77
Average pace
Active listings
150
Sale-to-list
98.3%
Below asking
What is driving the 29505 housing market?
The 29505 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a leaning buyer's, homes are selling at approximately 98.3% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 29505 have increased +10.7% compared to last year, suggesting continued demand and potential for further appreciation. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.
The Zillow Home Value Index (ZHVI) for 29505 stands at $237,537, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $1,441 per month. This gives a price-to-rent ratio of approximately 13.7, which suggests that buying may be more cost-effective than renting in this area over the long term. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.
Who lives in 29505?
Population
23,895
Median income
$67,343/yr
Median age
41.1 years
Owner-occupied
70.6%
College grads
27.8%
Avg commute
19.38 min
What is it like living in 29505?
Zip code 29505 is home to approximately 23,895 residents. The median household income is $67,343 per year, which shapes the types of homes and amenities available in the area. With a median age of 41.1 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 70.6% of housing units are owner-occupied, indicating a stable, ownership-oriented community where residents have a vested interest in maintaining property values and neighborhood quality.
About 27.8% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. The average commute time is 19.38 minutes, which is shorter than the national average and suggests good proximity to employment centers. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 29505.
Which public schools serve ZIP 29505?
5 schools tracked · 3,594 students
The largest public schools serving ZIP code 29505 by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
South Florence High
Grades 9-12 · 1,627 students
Southside Middle
Grades 6-8 · 1,093 students
Greenwood Elementary
Grades K-5 · 541 students
Wallace Gregg Elementary
Grades K-5 · 333 students
Advantage Academy
Grades 9-12
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Frequently asked questions about 29505
What is the median home price in 29505?
The current median sale price in 29505 is $270,000, based on recent Redfin transaction data. Prices have changed +10.7% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 29505 a buyer's or seller's market?
The 29505 zip code is currently classified as a leaning buyer's. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.
What is the population of zip code 29505?
Zip code 29505 has a population of approximately 23,895 residents. The median household income is $67,343 per year. About 70.6% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.
How do I research neighborhoods in 29505?
Properties Incorporated provides comprehensive data for 29505 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.
How often is the data for 29505 updated?
Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually.
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