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A tight-supply market with no rental pool to price against. Demand is visible here; the rent math is not.
What would change this read: the median listing price is −4.1% YoY. inventory, +9.3% YoY, is the number to watch.
The median listing price is down 4.1% YoY while the median home got down 5.9% bigger, so value per square foot is up 3.7%.
U.S. Census ACS characteristics for ZIP 29407 itself, not its parent county.
Renters hold 43.1% of this ZIP's 16,920 occupied households, on a median household income of $85K.
| Measure | ZIP 29407 | Charleston County | Difference |
|---|---|---|---|
| Median Household Income | $85K | $88K | -$3K |
| Below Poverty Level | 11.7% | 11.3% | +0.4% |
| Median Age | 38.00 | 39.20 | -1.20 |
| Total Population | 36,706 | 420,264 | -- |
| Avg Household Size | 2.16 | 2.29 | -0.13 |
| Owner-Occupied | 56.9% | 63.9% | -7.0% |
| Worked From Home | 14.6% | 17.7% | -3.1% |
| Mean Commute | 24.50 | 25.10 | -0.60 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is up 1.3% to 420,264: residents under 18 are up 0.5% and those 65 and over are up 3.5%.
County median household income is $88K, 11.3% of residents are below the poverty level, 17.7% work from home.