ZIP Code Market Report
ZIP Code 29902
Get a rent estimate for an address in 29902Rental Market
Avg Rent
$2,115
per month
Median Rent
$2,000
per month
Active Rentals
60
listings
Avg Days Listed
56.11
days on market
Home Sale Market
Avg Sale Price
$563K
median $439K
Price Range
$40K
to $5.25M
Homes for Sale
295
listings
Avg Days Listed
92.42
days on market
Key Facts โ ZIP 29902
- Average rent in 29902: $2,115/mo
- Median rent in 29902: $2,000/mo
- Rent range: $900 โ $4,600/mo
- Active rentals: 60 listings
- Rental days on market: 56.11 days
- Average home sale price: $563K
- Median home sale price: $439K
- Home price range: $40K โ $5.25M
- Homes for sale: 295 listings
- Est. gross rent yield: 4.5%/yr (avg rent รท avg sale price, before expenses)
Frequently Asked Questions โ 29902
What is the average rent in ZIP code 29902?
The average rent in ZIP code 29902 (ZIP code 29902) is $2,115/mo. The median rent is $2,000/mo, with active listings ranging from $900 to $4,600/mo.
What is the rent-to-price yield in ZIP code 29902?
At an average rent of $2,115/mo and average sale price of $563K, the implied gross rent yield in ZIP code 29902 is 4.5% annually. This is a pre-expense figure โ it does not account for property taxes, maintenance, insurance, vacancy, or management fees. Net yields are typically 3โ5 percentage points lower. Run a full Rent Report analysis on a specific property for a complete cash-flow model.
Is 29902 a good area to rent in?
ZIP code 29902 is a US residential area. With 60 active rental listings and an average of 56.11 days on market, rental demand is currently soft. Use Rent Report to analyze any specific property in this ZIP for a comp-backed rent estimate and full investment analysis.
Analyze a property in 29902
Get a full investment analysis โ cash flow, cap rate, rent comps โ for any address in this zip code.
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