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Wallace CDP, SC

ZIP 29596 — Housing & Real Estate

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

Low Income AreaLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 29596

Median Home Value
$58,400
Median Rent
$827
Affordability Snapshot
$16,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$375/mo PITI).

30%
Rent-to-Income Ratio

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

1.8x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

5.9 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 29596 in Wallace CDP, SC, a household would need roughly $16,000 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 $375. That sits below the local median household income ($33,125), 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 19% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
86.3%+32% vs US avg
x
Vacancy Rate
18.7%+81% vs US avg
x
Broadband Access
69.7%-20% vs US avg
x
4+ Bedrooms
0.0%
x
Built Pre-1939
6.8%-47% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
12.7%-74% vs US avg
x
Mortgage-Free
51.7%+35% vs US avg
x
$58,400
Home Value
$827
Rent
1989
Year Built
2005
Moved In

Residents have lived here since ~2005 on average

Housing Structure

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

  • 1-unit detached48.7%
  • 1-unit attached0.8%
  • 2-9 units1.1%
  • 10+ units0.0%
  • Mobile home & other49.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$58,400
Median rent$827
Owner-occupied86.3%
Vacant18.7%
Price-to-income1.8x
Est. income to buy$16,000