Is 29055, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29055 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 29055 has remained a Buyer's Market.

Key Takeaway

29055 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 29055, SC

How much do homes in 29055, SC cost?

Median Sold Price

$105,000

$124/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$135,000(-56.3%)

Key Takeaway

Homes in 29055 have sold for 56.2% less than they did a month ago.

Summary: The median home sold price in 29055 was $105,000 in December 2024, down 56.3% from last month, and the median price per square foot was $124.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 -$105K
N/A
4 $240K-
N/A
5+ --
N/A

Summary: 29055 housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

29729
+431.1%
29055
-56.3%

Housing Supply in 29055, SC

How many homes are available in 29055, SC?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1622+37.5%

Summary: The 29055 real estate market had 22 homes for sale in December 2024, a 37.5% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 812
+50.0%
4 45
+25.0%
5+ 11
0.0%

Summary: The 29055 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29055, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 29055 in December 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 29055, SC

How long does it take to sell a home in 29055, SC?

Average Sale Time

Nov 2024Dec 2024CHANGE
115 Days158 Days+37.4%

Summary: Homes in 29055 had an average of 158 days on market in Dec 2024, up by 37.4% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 29055 has remained consistent over time.

Summary: During December 2024, 2 homes were sold in 29055; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in 29055, SC

Nearby Markets to 29055, SC