Is 29118, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29118 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 29118 has remained a Buyer's Market.

Key Takeaway

29118 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 29118, SC

How much do homes in 29118, SC cost?

Median Sold Price

$237,500

$142/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$72,500(-23.4%)

Key Takeaway

Homes in 29118 have sold for 23.4% less than they did a month ago.

Summary: The median home sold price in 29118 was $237,500 in November 2024, down 23.4% from last month, and the median price per square foot was $142.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $310K$219K
-29.4%
4 $449.7K$290K
-35.5%
5+ -$225K
N/A

Summary: 29118 housing prices by bedroom type for November 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 decreased by 29.4%, 4 bedroom homes decreased by 35.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

29115
-19.9%
29118
-23.4%

Housing Supply in 29118, SC

How many homes are available in 29118, SC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7172+1.4%

Summary: The 29118 real estate market had 72 homes for sale in November 2024, a 1.4% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 4647
+2.2%
4 1717
0.0%
5+ 77
0.0%

Summary: The 29118 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 2.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
56+20.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29118, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 29118 in November 2024, up by 20.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for 29118, SC

We’re sorry, we don't have information for this market at the moment

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

Report Updated 17 Days Ago

Newest Listings in 29118, SC

Nearby Markets to 29118, SC