Real Estate Investing in Union, South Carolina (29379)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 29379 (Union, SC)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 12.1% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Union, SC (29379)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 29379 Union
Not every below-median market is a bargain. Union's 29379 ZIP reports signals that favor experienced operators who can absorb the risk $143K pricing implies.
The investment case in 29379 is solid only for operators who understand what they are buying. A $143K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
The gap between 29379 and stronger Union ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Who lives in 29379 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
trends toward the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Union:
Property Strategy for 29379
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $113,389 | $1,040 | 6.6% | +9.0% | $56,694 |
| 3BR | $190,407 | $1,270 | 4.8% | +9.7% | $63,469 |
| 4BR | $243,000 | $1,380 | 4.1% | +9.3% | $60,750 |
Market Trends
Home Value History (with trend line)
📊 How Does 29379 Compare?
| Metric | 29379 | Union | Union, SC | South Carolina |
|---|---|---|---|---|
| Home Value | $142,656 | $142,656 | N/A | $299,690 |
| 5-Year CAGR | 3.0% | 3.0% | N/A | 7.3% |
| Avg Rent | $936 | $936 | N/A | - |
| Cap Rate | 5.1% | 5.1% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 29379 (Union, SC). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $142,656 |
| Monthly Rent | $936 |
| Price-to-Rent | 12.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.9% |
| Cap Rate | 5.1% |
| 5-Year IRR | 8.2% |
📈 Home Appreciation
| 1-Year | +13.0% ▲ |
| 3-Year CAGR | +4.2% ▲ |
| 5-Year CAGR | +3.0% ▲ |
| 10-Year CAGR | +5.7% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.1%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 29379
Population: 17,580
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 29379
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 835 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is the tenant base reliable in Union, SC?
Union, SC offers a stable renter base at the $936/mo rent level. Tenant turnover is reasonable for well-managed properties.
What is the investability score for Union, SC?
With a 3.0/5 investability score, Union, SC ranks as a solid market for rental property investors. Median prices of $143K and rents of $936/mo drive the underlying numbers.
How viable is house hacking in Union, SC?
Union, SC is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $143K price point reasonable to enter.
Are rents high in Union, SC?
Average rent in Union, SC is approximately $936/mo per month. Against $143K home values that yields a reasonable rent-to-price ratio.
What is the average home sale price in Union, SC?
Union, SC home values average about $143K. That price point suits investors targeting rentals with $936/mo in monthly income.
You know 29379 now. You don’t know where it ranks.
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