The story of this market
The typical home in ZIP 29483 sells for about $361,929, or $203 per square foot.
Prices are roughly flat from a year ago (-1%), a market in balance. Homes take about 88 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,378 a month.
ZIP 29483 — Summerville
The 29483 housing market is currently experiencing a period of price stabilization with a median home value of approximately $361,929. While inventory levels remain sufficient, the market is seeing a high share of price cuts, suggesting a shift toward a more balanced environment for buyers. Overall, the area remains a popular choice for families due to its school quality and proximity to Charleston.
This ZIP is well-suited for families and commuters seeking a suburban lifestyle with access to Charleston, offering a mix of established neighborhoods and newer residential developments.
Median prices moved down 1.0% year over year.
Homes spend a median of 88 days on market with 8.8 months of supply — a slower-moving market.
54% of listings have cut prices · homes sell at 96% of asking — demand is cooling.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.0% · poverty 11.8% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical -1.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 29483
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area is served by the Dorchester School District 2, which is generally regarded as a high-performing district in the region.
The region faces moderate flood risks and is subject to hurricane-related wind exposure, necessitating standard hazard insurance coverage.
Summerville continues to see steady residential development and infrastructure expansion, supported by its proximity to the Charleston employment core.
Property taxes are assessed by the county based on millage rates; exemptions exist for primary residences (legal residence status) and seniors.
Commuters typically rely on I-26 to reach the Charleston employment core, with travel times varying significantly based on peak-hour traffic congestion.
The area features access to local parks, historic downtown Summerville shopping and dining, and proximity to regional golf courses and greenbelts.
The rental market shows steady demand with a broad range of options, though vacancy pressure remains stable as new inventory enters the market.
The local economy is anchored by manufacturing, healthcare, and retail, with significant employment influence from the broader Charleston metro area.
Transportation is primarily highway-dependent, with I-26 serving as the main artery connecting the area to the regional employment core.
Ongoing residential and mixed-use development projects are concentrated in the northern and western fringes of the ZIP code.
The county appraisal district conducts periodic reassessments to align property values with market trends.
Parcels are subject to school district taxes, county taxes, and potential municipal taxes depending on incorporation status.
Property insurance premiums are influenced by regional hazard exposure, including flood and wind risks common to the South Carolina Lowcountry.
Data retrieved from ZCTA-level census tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Features local boutiques, restaurants, and historic architecture.
A major public park known for its gardens and community events.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.