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Great Falls town, SC

ZIP 29055 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 29055

Median Home Value
$85,500
Median Rent
$533
Affordability Snapshot
$24,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$549/mo PITI).

15%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.0x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

13.4 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 29055 in Great Falls town, SC, a household would need roughly $24,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $549. That sits below the local median household income ($43,631), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 15% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
85.1%+30% vs US avg
x
Vacancy Rate
14.8%+44% vs US avg
x
Broadband Access
74.6%-14% vs US avg
x
4+ Bedrooms
1.6%-89% vs US avg
x
Built Pre-1939
12.6%-2% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
25.5%-49% vs US avg
x
Mortgage-Free
70.8%+85% vs US avg
x
$85,500
Home Value
$533
Rent
1966
Year Built
2000
Moved In

Residents have lived here since ~2000 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached83.0%
  • 1-unit attached0.4%
  • 2-9 units0.6%
  • 10+ units0.7%
  • Mobile home & other15.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$85,500
Median rent$533
Owner-occupied85.1%
Vacant14.8%
Price-to-income2.0x
Est. income to buy$24,000