Housing Insights for ZIP Code 29940 (Seabrook, SC)

Housing Summary for ZIP Code 29940

Homeowners

The median home value in ZIP Code 29940 (Seabrook, SC) is $101,300. Approximately 81.0% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 0.0%.

The average occupancy of owner-occupied units in ZIP Code 29940 is 2.83 occupants, while owner-occupied units have an aggregate average size of 3.11 bedrooms per housing unit.

Renters

In the 29940 ZIP Code, an estimated 19.0% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 13.7%.

Among renter-occupied units in this ZIP, the average occupancy is 2.51 occupants, while renters in this Beaufort County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 29940

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 29940.

ZIP 29940 South Carolina U.S.
Median Home Value $101,300 $306,513 $356,002
Owner-Occupied Housing Units 81.0% 69.4% 64.0%
Homeowner Vacancy Rate 0.0% 1.8% 1.6%
Average Size of Owner-Occupied Unit 2.83 2.57 2.70
Average # of Bedrooms Per Unit 3.11 2.88 2.75
Median Housing Rent $0 $894 $1,062
Renter-Occupied Housing Units 19.0% 30.6% 36.0%
Rental Vacancy Rate 13.7% 9.2% 6.0%
Average Size of Renter-Occupied Unit 2.51 2.48 2.49
Percent of Income Spent on Rent 0% 29.65% 29.83%

Home Values in ZIP Code 29940 (Seabrook, SC)

The median home value in ZIP Code 29940 is $101,300. That median value is about 38% lower than the median home value of $162,300 in South Carolina overall, and is 53% lower than the $217,500 the median home value in the entire U.S. In ZIP Code 29940, about 30.3% of homes are valued less than $50,000. That is 171% higher than in South Carolina, in which 11.2% of homes are valued at less than $50,000, and is about 339% higher than in the U.S. overall (6.9% of homes valued at less than $50,000). The home value range that the smallest portion of ZIP Code 29940 homes fall into is $1,000,000 or more (4.2% of homes).

Home Values in ZIP Code 29940

This chart visualizes the breakdown of home values in ZIP Code 29940, South Carolina, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 29940 vs. home values in both the state of South Carolina and in the U.S. overall.

Home Values in ZIP Code 29940

See the table below for a regional comparison of home values in ZIP Code 29940.

Home Value ZIP 29940 South Carolina U.S.
Less than $50,000 30.3% 11.2% 6.9%
$50,000 to $99,999 19.3% 16.7% 12.0%
$100,000 to $149,999 16.0% 17.3% 13.3%
$150,000 to $199,999 4.2% 16.5% 14.0%
$200,000 to $299,999 7.4% 18.2% 19.6%
$300,000 to $499,999 7.0% 13.1% 19.3%
$500,000 to $999,999 11.7% 5.6% 11.4%
$1,000,000 or more 4.2% 1.4% 3.4%

Home Ages in ZIP Code 29940 (Seabrook, SC)

Approximately 24.6% of homes in this Seabrook, SC region were built in 1980 to 1989. This amount of homes built in 1980 to 1989 in ZIP Code 29940 is about 52% higher than percentage of homes built in this time period in South Carolina overall (16.2% of homes), and is 84% higher the percentage (13.4% of homes) in the U.S. as a whole. Additionally, an esimated 20.0% of local homes were built in 2000 to 2009. On the other end of the scale, just 0.6% of homes in this Beaufort County ZIP Code were built in 1940 to 1949 in ZIP Code 29940. 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 29940

A detailed regional comparison of home ages in ZIP Code 29940.

Year Built ZIP 29940 South Carolina U.S.
2014 or later 4.7% 4.1% 2.5%
2010 to 2013 5.5% 4.0% 2.7%
2000 to 2009 20.0% 19.2% 14.0%
1990 to 1999 16.7% 19.2% 13.9%
1980 to 1989 24.6% 16.2% 13.4%
1970 to 1979 17.0% 14.7% 15.2%
1960 to 1969 5.6% 9.0% 10.6%
1950 to 1959 2.0% 6.6% 10.3%
1940 to 1949 0.6% 2.9% 4.9%
1939 or earlier 3.3% 4.1% 12.6%

Age of Homes in ZIP Code 29940

See the chart below for details on the age of homes in ZIP Code 29940, 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 29940

Frequently asked questions about housing in this Seabrook, SC ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 29940.

1

What is the average home value ZIP Code 29940?

The median home value in ZIP Code 29940 (Seabrook, SC) is $101,300.
2

Are homes expensive in ZIP Code 29940?

The median home value in 29940 ($101,300) is an estimated 38% lower than the aggregate median value of $162,300 in South Carolina, and is 53% 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 29940?

The vacacy rate for owner-occupied housing in ZIP Code 29940 is 0.0%. This rate is 100% lower than the overall South Carolina owner-occupied vacancy rate of 1.8%. Additionally, the 29940 vacancy rate is 100% lower than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 29940 have older homes or newer construction?

In ZIP Code 29940, about 24.6% of homes were built in 1980 to 1989. That time range includes the most home construction. Also, 20.0% of homes in the region were built in 2000 to 2009. In contrast, 0.6% of homes in 29940 were built in 1940 to 1949.
5

What is the housing breakdown in ZIP Code 29940? Are there more rentals or owner-occupied units?

There is more owner-occupied housing in 29940 than renter-occupied housing. Owner-occupied units make up 81.0% of housing, compared to 19.0% for renter-occupied units.
6

Are rental vacancy rates high in ZIP Code 29940?

The vacacy rate for rental units in ZIP Code 29940 is 13.7%. This rate is 49% higher than the overall South Carolina vacancy rate of 9.2%. Additionally, the 29940 vacancy rate is 128% higher than the entire U.S. vacancy rate of 6.0%.