Compare with
An appreciation-lean market without the demand pressure to back it. The rent math runs thin.
What would change this read: a price correction (median already +5.0% YoY) or rent growth lifting rent-to-price toward 0.8%/mo would move this ZIP toward a cash-flow story. inventory, +21.4% YoY, is the number to watch.
The median listing price is up 5.0% YoY while the median home got down 1.0% bigger, so value per square foot is up 10.5%.
Min/max come from the active-listing pool; the median comes from Realtor's separate listing set — the two are not subsets of each other, so the median's position relative to the tiles above should not be read literally.
At the median, a $667K purchase rents for $1,725/mo: 0.26% of price per month against the 1% rule's 1.00%.
Not shown: Studio (rent only, no matching sale price), 6 BR (sale only, no matching rent).
Sales here take about 47 days longer to go under contract than rentals (median across 3 property types).
Not shown: Apartment (rented here, not sold), Land (sold here, not rented), Multi-Family (sold here, not rented).
U.S. Census ACS characteristics for ZIP 29601 itself, not its parent county.
Renters hold 67.3% of this ZIP's 7,488 occupied households, on a median household income of $76K.
| Measure | ZIP 29601 | Greenville County | Difference |
|---|---|---|---|
| Median Household Income | $76K | $77K | -$796 |
| Below Poverty Level | 17.0% | 10.8% | +6.2% |
| Median Age | 40.80 | 38.40 | +2.40 |
| Total Population | 13,790 | 548,166 | -- |
| Avg Household Size | 1.66 | 2.43 | -0.77 |
| Owner-Occupied | 32.7% | 68.9% | -36.3% |
| Worked From Home | 20.8% | 14.4% | +6.4% |
| Mean Commute | 18.70 | 23.40 | -4.70 |
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 2.0% to 548,166: residents under 18 are up 1.1% and those 65 and over are up 4.0%.
County median household income is $77K, 10.8% of residents are below the poverty level, 14.4% work from home.