How much is a home worth in ZIP code 29505?

The typical home in 29505 is worth $234,573, based on the Zillow Home Value Index.

Are home values rising in 29505?

Home values in 29505 are up 3.3% over the past year, and up 6.3% a year over five years.

What is the typical rent in 29505?

A typical home in 29505 rents for about $1,546 a month, a gross rental yield of 7.9%.

What is the property tax rate in 29505?

The effective property tax rate in 29505 is 0.4% — roughly $950 a year on a typical home.

ZIP code 29505 has a population of 23,895 and a median household income of $67,343.

HousingHandbookReference data

…

U.S. ZIP Code · SC29505

Florence County · Florence, SC

Typical home value

$234,573^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +3.3%
5-year / yr: +6.3%
10-year / yr: +5.4%

Relative price

vs U.S.: -17.4%
vs metro: +57.5%
vs state: +3.6%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 29505 is worth $234,573 — 57.5% above the Florence, SC median. Over the past year, values have risen 3.3%. Homes here rent for a typical $1,546 a month — a 7.9% gross rental yield. The effective property tax rate is 0.4%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,546^[2]
Gross yield: 7.9%^[2]
Cap rate: 4.7%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.4%^[3]
Typical annual tax: $950^[3]

#Climate risk

FEMA National Risk Index ratings for Florence County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Moderate^[4]
Riverine flood: Relatively Moderate
Coastal flood: No Rating
Wildfire: Relatively Low
Drought: Relatively Low
Heat wave: Relatively Moderate
Hurricane: Relatively High
Tornado: Relatively High
Earthquake: Relatively Moderate
Winter weather: Relatively Moderate

#Who lives here

Population: 23,895^[3]
Median household income: $67,343^[3]

#Migration

Household moves in and out of Florence County over a year, from IRS tax-return data.

Net migration: +69^[5]
Moved in: 3,050
Moved out: 2,981

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 5
Elementary: 2
Middle: 1
High: 2

South Florence High
High · Grades 9–12 · Florence 01
1,627 students
Southside Middle
Middle · Grades 6–8 · Florence 01
1,093 students
Greenwood Elementary
Elementary · Grades K–5 · Florence 01
541 students
Wallace Gregg Elementary
Elementary · Grades K–5 · Florence 01
333 students
Advantage Academy
High · Grades 9–12 · Florence 01
0 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield7.9%

Net yield (after ~40% expenses)4.7%

Annual rent$18,557

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,186

Loan principal$187,658

Down payment$46,915

Total interest paid$239,348

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio0.95

Monthly cost to own$1,462

Monthly rent$1,546

Owning is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 93rd percentile^[1]
Rental yield: 67th percentile^[2]
Property tax: 13th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 29505?: The typical home in 29505 is worth $234,573, based on the Zillow Home Value Index.
Are home values rising in 29505?: Home values in 29505 are up 3.3% over the past year, and up 6.3% a year over five years.
What is the typical rent in 29505?: A typical home in 29505 rents for about $1,546 a month, a gross rental yield of 7.9%.
What is the property tax rate in 29505?: The effective property tax rate in 29505 is 0.4% — roughly $950 a year on a typical home.
Who lives in 29505?: ZIP code 29505 has a population of 23,895 and a median household income of $67,343.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

29501 vs 29505 →
Florence, SC
Typical home
$242,168
Gross yield
6.4%
29541 vs 29505 →
Danwood CDP, SC
Typical home
$212,498
Gross yield
—
29550
Hartsville, SC
Typical home
$176,314
Gross yield
7.7%
29161
Timmonsville, SC
Typical home
$172,079
Gross yield
—
29530
Coward, SC
Typical home
$158,201
Gross yield
—
29583
Pamplico, SC
Typical home
$149,755
Gross yield
—

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#Jump to section

U.S. ZIP Code · SC29505

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