Housing Insights for ZIP Code 29118 (Orangeburg, SC)

Housing Summary for ZIP Code 29118

Homeowners

The median home value in ZIP Code 29118 (Orangeburg, SC) is $137,400. Approximately 68.2% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 4.1%.

The average occupancy of owner-occupied units in ZIP Code 29118 is 2.57 occupants, while owner-occupied units have an aggregate average size of 2.99 bedrooms per housing unit.

Renters

In the 29118 ZIP Code, an estimated 31.8% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 11.7%.

Among renter-occupied units in this ZIP, the average occupancy is 2.85 occupants, while renters in this Orangeburg County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 29118

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 29118.

ZIP 29118 South Carolina U.S.
Median Home Value $137,400 $306,513 $356,002
Owner-Occupied Housing Units 68.2% 69.4% 64.0%
Homeowner Vacancy Rate 4.1% 1.8% 1.6%
Average Size of Owner-Occupied Unit 2.57 2.57 2.70
Average # of Bedrooms Per Unit 2.99 2.88 2.75
Median Housing Rent $0 $894 $1,062
Renter-Occupied Housing Units 31.8% 30.6% 36.0%
Rental Vacancy Rate 11.7% 9.2% 6.0%
Average Size of Renter-Occupied Unit 2.85 2.48 2.49
Percent of Income Spent on Rent 0% 29.65% 29.83%

Home Values in ZIP Code 29118 (Orangeburg, SC)

The median home value in ZIP Code 29118 is $137,400. That median value is about 15% lower than the median home value of $162,300 in South Carolina overall, and is 37% lower than the $217,500 the median home value in the entire U.S. Approximately 28.1% of homes in ZIP Code 29118 are valued $100,000 to $149,999. That is 62% higher than in the state ofSouth Carolina, where 17.3% of homes are valued at $100,000 to $149,999, and is about 111% higher than in the U.S. overall (13.3% of homes valued at $100,000 to $149,999). The home value range that the smallest portion of ZIP Code 29118 homes fall into is $1,000,000 or more (0.4% of homes).

Home Values in ZIP Code 29118

This chart visualizes the breakdown of home values in ZIP Code 29118, South Carolina, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 29118 vs. home values in both the state of South Carolina and in the U.S. overall.

Home Values in ZIP Code 29118

See the table below for a regional comparison of home values in ZIP Code 29118.

Home Value ZIP 29118 South Carolina U.S.
Less than $50,000 10.7% 11.2% 6.9%
$50,000 to $99,999 18.0% 16.7% 12.0%
$100,000 to $149,999 28.1% 17.3% 13.3%
$150,000 to $199,999 14.9% 16.5% 14.0%
$200,000 to $299,999 15.9% 18.2% 19.6%
$300,000 to $499,999 10.3% 13.1% 19.3%
$500,000 to $999,999 1.7% 5.6% 11.4%
$1,000,000 or more 0.4% 1.4% 3.4%

Home Ages in ZIP Code 29118 (Orangeburg, SC)

Approximately 23.8% of homes in this Orangeburg, SC region were built in 1980 to 1989. This amount of homes built in 1980 to 1989 in ZIP Code 29118 is about 47% higher than percentage of homes built in this time period in South Carolina overall (16.2% of homes), and is 78% higher the percentage (13.4% of homes) in the U.S. as a whole. Additionally, an esimated 21.3% of local homes were built in 1990 to 1999. On the other end of the scale, just 0.7% of homes in this Orangeburg County ZIP Code were built in 1940 to 1949 in ZIP Code 29118. In comparison, 2.9% of homes in South Carolina overall were built in 1940 to 1949, while 4.9% of all U.S. homes were built in this time period.

Home Ages in ZIP Code 29118

A detailed regional comparison of home ages in ZIP Code 29118.

Year Built ZIP 29118 South Carolina U.S.
2014 or later 0.7% 4.1% 2.5%
2010 to 2013 2.9% 4.0% 2.7%
2000 to 2009 15.4% 19.2% 14.0%
1990 to 1999 21.3% 19.2% 13.9%
1980 to 1989 23.8% 16.2% 13.4%
1970 to 1979 19.7% 14.7% 15.2%
1960 to 1969 11.3% 9.0% 10.6%
1950 to 1959 2.5% 6.6% 10.3%
1940 to 1949 0.7% 2.9% 4.9%
1939 or earlier 1.7% 4.1% 12.6%

Age of Homes in ZIP Code 29118

See the chart below for details on the age of homes in ZIP Code 29118, South Carolina, and also in the U.S. overall. Data here refers to years that homes were built.

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Housing FAQs for ZIP Code 29118

Frequently asked questions about housing in this Orangeburg, SC ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 29118.

1

What is the average home value ZIP Code 29118?

The median home value in ZIP Code 29118 (Orangeburg, SC) is $137,400.
2

Are homes expensive in ZIP Code 29118?

The median home value in 29118 ($137,400) is an estimated 15% lower than the aggregate median value of $162,300 in South Carolina, and is 37% lower than the $217,500 the median home value in the U.S. overall.
3

What are owner-occupied vacancy rates like in ZIP Code 29118?

The vacacy rate for owner-occupied housing in ZIP Code 29118 is 4.1%. This rate is 128% higher than the overall South Carolina owner-occupied vacancy rate of 1.8%. Additionally, the 29118 vacancy rate is 156% higher than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 29118 have older homes or newer construction?

In ZIP Code 29118, about 23.8% of homes were built in 1980 to 1989. That time range includes the most home construction. Also, 21.3% of homes in the region were built in 1990 to 1999. In contrast, 0.7% of homes in 29118 were built in 1940 to 1949.
5

What is the housing breakdown in ZIP Code 29118? Are there more rentals or owner-occupied units?

There is more owner-occupied housing in 29118 than renter-occupied housing. Owner-occupied units make up 68.2% of housing, compared to 31.8% for renter-occupied units.
6

Are rental vacancy rates high in ZIP Code 29118?

The vacacy rate for rental units in ZIP Code 29118 is 11.7%. This rate is 27% higher than the overall South Carolina vacancy rate of 9.2%. Additionally, the 29118 vacancy rate is 95% higher than the entire U.S. vacancy rate of 6.0%.