Is 29058, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29058 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 29058 was a Seller's Market.

Key Takeaway

29058 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 29058, SC

How much do homes in 29058, SC cost?

Median Sold Price

$237,350

$151/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$7,650(-3.1%)

Key Takeaway

Homes in 29058 have sold for 3.1% less than they did a year ago.

Summary: The median home sold price in 29058 was $237,350 in October 2024, down 3.1% from last year, and the median price per square foot was $151.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $169.9K$160K
-5.8%
3 $240K$246K
+2.5%
4 $420K$220K
-47.6%
5+ $433K$485K
+12.0%

Summary: 29058 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.8%, 3 bedroom homes increased by 2.5%, 4 bedroom homes decreased by 47.6%, and 5+ bedroom homes increased by 12%.

Median Sold Price Compared To Nearby Zip Codes

29720
+4.0%
29058
-3.1%

Housing Supply in 29058, SC

How many homes are available in 29058, SC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1217+41.7%

Summary: The 29058 real estate market had 17 homes for sale in October 2024, a 41.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 13
+200.0%
3 811
+37.5%
4 22
0.0%
5+ 11
0.0%

Summary: The 29058 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 200%, 3 bedroom homes increased by 37.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29058, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 29058 in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for 29058, SC

How long does it take to sell a home in 29058, SC?

Average Sale Time

Oct 2023Oct 2024CHANGE
29 Days20 Days-30.1%

Summary: Homes in 29058 had an average of 20 days on market in Oct 2024, down by 30.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 29058 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in 29058; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 20 Days Ago

Newest Listings in 29058, SC

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