Lotvox market story

ZIP 29609

Greenville County, SC

What homes are worth, what they cost to carry, how fast they sell — one step at a time.

Typical home value
$359,125
12-month change
+2.7%
Months of supply
4.0

This week since 2026-10-08: Payment share of income 36.8% (was 36.4%) · Monthly P&I $1,989 (was $1,966)

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Who's going to sell in 29609 this year?

Lotvox Turnover Index

Ranking every home in 29609 by how likely it is to sell

Lotvox Turnover Index
Not yet live
Source: County assessor and recorder public records; Lotvox analysis (calculations on the sources above) · accuracy by ZIP · methodology

The Lotvox Turnover Index isn't offered for 29609 yet.

Where

29609 in Greenville County, SC

29356 · $324,01429601 · $571,92729605 · $302,45629607 · $385,87229609 · $359,12529611 · $219,58829613 · no value published29614 · no value published29615 · $441,30529617 · $267,45729635 · $229,97529644 · $308,89829650 · $371,67629651 · $337,67329661 · $224,63929662 · $294,81929669 · $272,75629673 · $305,13629680 · $343,27729681 · $401,72829683 · $174,00729687 · $311,11729690 · $352,935 29609
$174K$572K typical home value
Source: Census TIGER/Line · Zillow (ZHVI)Source: U.S. Census Bureau, TIGER/Line boundaries; Zillow Home Value Index (ZHVI), Zillow Research

29609 is one of 23 ZIP codes that lie mostly in Greenville County, SC.

Shaded by typical home value, it ranks 6 of the 21 with a value.

Value rank in county
6 of 21

Source: U.S. Census Bureau, TIGER/Line boundaries; Zillow Home Value Index (ZHVI), Zillow Research

Local life

Schools in 29609

7 school locations in 29609: 4 elementary, 2 middle, 1 high.

In alphabetical order: Cherrydale Elementary, League Academy, Sevier Middle, Stone Academy, and more on the ZIP page. Locations only — no ratings are shown here.

School locations
7

Source: U.S. Department of Education, National Center for Education Statistics (school locations)

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What it costs

Home values

What homes are worth in 29609

$0$100K$200K$300K$400K200320072011201520192023Peak August 2026 · $359,125Latest · $359,125
Typical home value
Source: Zillow (ZHVI) · as of 2026-08-31Source: Zillow Home Value Index (ZHVI), Zillow Research · data as of 2026-08-31

In June 2002 the typical home in 29609 was worth $127,089.

Values peaked at $359,125 in August 2026. The latest reading is the peak.

As of August 2026: $359,125, +2.7% over twelve months.

Typical home value
$359,125
12-month change
+2.7%

Source: Zillow Home Value Index (ZHVI), Zillow Research · data as of 2026-08-31

Housing pulse

Monthly cost vs. price

Typical home
$359,125
Loan at 20% down
$287,300
30-year fixed rate
7.40%
Monthly principal + interest
$1,989
Median household income, per month
$5,403
Share of income
36.8%
0%30%60%
At today's rate, by home value, 2002–2026: 13.0% → 36.8%
Source: Zillow (ZHVI) · Freddie Mac via FRED · Census ACS · Lotvox · as of 2026-08-31Source: Zillow Home Value Index (ZHVI), Zillow Research; Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US), retrieved from FRED®, Federal Reserve Bank of St. Louis; U.S. Census Bureau, American Community Survey 5-year estimates; Lotvox analysis (calculations on the sources above) · data as of 2026-08-31

Start with the typical home: $359,125. Put 20% down and borrow $287,300 at 7.40%, the 30-year fixed average as of October 8, 2026.

That is $1,989 a month in principal and interest.

The median household here earns $64,837 a year, $5,403 a month. So the payment takes 36.8% of income — rated “severe” (Lotvox ZIP bands: under 28% affordable · 28–36% stretched · 36%+ severe).

The line holds today's rate fixed and moves only the price: at that rate, the same share was 13.0% in 2002.

Payment share of income
36.8%
Monthly P&I
$1,989

Source: Zillow Home Value Index (ZHVI), Zillow Research; Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US), retrieved from FRED®, Federal Reserve Bank of St. Louis; U.S. Census Bureau, American Community Survey 5-year estimates; Lotvox analysis (calculations on the sources above) · data as of 2026-08-31

Lotvox lens

The payment, at each month's rate

$0$500$1K$2K$2K2003200720112015201920232.68% rate · $8266.67% rate · $1,848
Monthly P&I at that month's 30-year rate
Source: Zillow (ZHVI) · Freddie Mac via FRED · Lotvox · as of 2026-08Source: Zillow Home Value Index (ZHVI), Zillow Research; Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US), retrieved from FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above) · data as of 2026-08

Take the typical home's price each month, borrow 80% at that month's actual 30-year average rate: in June 2002 (6.65%) the payment was $653.

In December 2020, with rates at 2.68%, it was $826.

By August 2026, at 6.67%, it was $1,848 — +124% since December 2020, while the home's value moved +41%.

Payment change since 2020
+124%

Source: Zillow Home Value Index (ZHVI), Zillow Research; Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US), retrieved from FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above) · data as of 2026-08

Lotvox lens

Home value after inflation

$0$100K$200K$300K$400K200320072011201520192023
Home value (as reported)Prices in general (CPI-U), scaled to June 2002Home value in August 2026 dollars
Source: Zillow (ZHVI) · BLS CPI via FRED · Lotvox · as of 2026-08Source: Zillow Home Value Index (ZHVI), Zillow Research; U.S. Bureau of Labor Statistics, Consumer Price Index (CPI-U), via FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above) · data as of 2026-08
Deflated with CPI-U (seasonally adjusted, FRED CPIAUCSL) to August 2026; the site's Housing pulse chart uses its own CPI series, so older months can differ slightly.

Reported values rose +183% since June 2002.

General prices (CPI-U) rose +86% over the same span.

Divide one by the other: in August 2026 dollars, the 2002 home was worth $236,439. So the real change is +52%, not +183%.

Real change since 2002
+52%

Source: Zillow Home Value Index (ZHVI), Zillow Research; U.S. Bureau of Labor Statistics, Consumer Price Index (CPI-U), via FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above) · data as of 2026-08
Deflated with CPI-U (seasonally adjusted, FRED CPIAUCSL) to August 2026; the site's Housing pulse chart uses its own CPI series, so older months can differ slightly.

Home values

29609 against its neighbors

0100200300200320072011201520192023
29609 (2002 = 100)Greenville County (2002 = 100)South Carolina (2002 = 100)
Source: Zillow (ZHVI) · Lotvox · as of 2026-08Source: Zillow Home Value Index (ZHVI), Zillow Research; Lotvox analysis (calculations on the sources above) · data as of 2026-08

29609: +183% since June 2002.

Greenville County: +144% since June 2002.

South Carolina: +141% since June 2002 — 29609 ran ahead of it by 41 points.

Change since 2002
+183%

Source: Zillow Home Value Index (ZHVI), Zillow Research; Lotvox analysis (calculations on the sources above) · data as of 2026-08

Lotvox lens

Rent or own

Own: payment + 1.2%/yr taxes & insurance
$2,348
principal + interest $1,989 · taxes & insurance est. $359
Rent: typical rent (ZORI)
$1,521
Price-to-rent ratio
19.7
Source: Zillow (ZHVI) · Zillow (ZORI) · Freddie Mac via FRED · LotvoxSource: Zillow Home Value Index (ZHVI), Zillow Research; Zillow Observed Rent Index (ZORI), Zillow Research; Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US), retrieved from FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above)

Owning the typical home costs about $2,348 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $1,521 a month.

Price divided by a year's rent: 19.7. Lotvox reads under 15 as favoring buying and 20 or more as favoring renting.

Price-to-rent
19.7

Source: Zillow Home Value Index (ZHVI), Zillow Research; Zillow Observed Rent Index (ZORI), Zillow Research; Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US), retrieved from FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above)

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What's moving

Housing pulse

Listings Flow Ladder

per month / homes for sale2024-092026-08balanced 4–6 mo4.0 mo4.0 months of supplyNet +10 / month · inventory growing
New listings / monthHomes for saleClosed sales / monthBasin water level = months of supply
Source: Redfin · Lotvox · as of 2026-08-31Source: Redfin Data Center (market tracker data); Lotvox analysis (calculations on the sources above) · data as of 2026-08-31

Picture the Listings Flow Ladder as a basin: new listings pour in from the faucet, the homes for sale are the water, and closed sales run out the drain. Coming in — new listings: about 52 a month (Redfin, 3-month rolling data through August 2026). That is 112% of the 2015–2019 level for the same months.

On the shelf — homes for sale at the end of the period: 172.

Going out — closed sales: about 43 a month. That is 106% of the 2015–2019 level for the same months. The drain is drawn 10% narrower: the share of homes for sale that sell each month is 90% of its 2015–2019 level.

The ladder: homes for sale ÷ monthly sales = 4.0 months of supply — inside the 4–6 month balanced range. In the basin, that is the water level against the shaded balanced band.

The net reading: about 10 more homes came on than sold each month, so inventory is growing. The basin is filling.

Months of supply
4.0

Source: Redfin Data Center (market tracker data); Lotvox analysis (calculations on the sources above) · data as of 2026-08-31

Housing pulse

Sales pace vs. normal

020406020252026
Homes sold per monthSame months, 2015–2019
Source: Redfin · Lotvox · as of 2026-08Source: Redfin Data Center (market tracker data); Lotvox analysis (calculations on the sources above) · data as of 2026-08

Homes sold: about 43 a month in August 2026 (Redfin).

The 2015–2019 level for the same month was 38 — so sales ran at 113% of it, and below it in 16 of the last 24 months.

Sales vs 2015–19 level
113%

Source: Redfin Data Center (market tracker data); Lotvox analysis (calculations on the sources above) · data as of 2026-08

New supply

Homes being permitted

02,0004,0006,0008,00020224,73820234,77420245,57520254,947
1-unit buildings2–4 units5+ units
Source: Census permits · as of 2025Source: U.S. Census Bureau, Building Permits Survey · data as of 2025

Across Greenville County, builders pulled permits for 4,947 new homes in 2025.

Of those, 85% were in 1-unit buildings (the Census Bureau's category for detached and attached single homes).

Units permitted 2025
4,947

Source: U.S. Census Bureau, Building Permits Survey · data as of 2025

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Who's holding, who's leaving

Housing pulse

Migration and inventory

Moved in (top-10 origin counties)
6,067
Moved out (top-10 destination counties)
7,352
Net households
−1,285
Top origins
Spartanburg, SC1,919
Anderson, SC1,153
Pickens, SC931
Top destinations
Spartanburg, SC2,809
Anderson, SC1,362
Pickens, SC1,112
Homes for sale, 2012–2026
Source: IRS SOI · Redfin · as of 2026-06-01Source: IRS Statistics of Income, county-to-county migration data; Redfin Data Center (market tracker data) · data as of 2026-06-01

This ZIP sits in Greenville County. IRS tax returns for 2022-2023: among the ten counties sending the most households, 6,067 moved in. Among the ten receiving the most, 7,352 moved out.

Net across those counties: −1,285 households. Beside it, homes for sale in this ZIP: 172 in June 2026.

Most arrivals came from Spartanburg, SC (1,919 households); most departures went to Spartanburg, SC (2,809).

Net households (top-10 flows)
−1,285

Source: IRS Statistics of Income, county-to-county migration data; Redfin Data Center (market tracker data) · data as of 2026-06-01

County records

On the county rolls

Properties on the assessor roll
8,456
Average assessor market value
$299,825
Typical home value (ZHVI)
$359,125
Assessor vs market
−16.5%
Source: County records · Zillow (ZHVI) · LotvoxSource: County assessor and recorder public records; Zillow Home Value Index (ZHVI), Zillow Research; Lotvox analysis (calculations on the sources above)

County assessor records list 8,456 properties with a market value here. Their average assessed market value is $299,825; the typical home value is $359,125.

The assessor average sits −16.5% from the market figure — an average against a typical value, so treat it as a check, not a verdict.

Properties on the roll
8,456

Source: County assessor and recorder public records; Zillow Home Value Index (ZHVI), Zillow Research; Lotvox analysis (calculations on the sources above)

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What to do

Own a home here?What's my home worth?Enter your address for a county-record value range. Buying?Compare 29609 with 29690The same story, side by side. An agent?See where the index is livethe farm territory and this page's sponsor spot.

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