Is 29306, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29306 is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 29306 was a Buyer's Market.

Key Takeaway

29306 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 29306, SC

How much do homes in 29306, SC cost?

Median Sold Price

$239,990

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$40,090(+20.1%)

Key Takeaway

Homes in 29306 have sold for 20.1% more than they did a year ago.

Summary: The median home sold price in 29306 was $239,990 in October 2024, up 20.1% from last year, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $200K$205K
+2.5%
2 $139.9K$117.5K
-16.0%
3 $185K$225.4K
+21.9%
4 $428.7K$294K
-31.4%
5+ $255.4K$670K
+162.3%

Summary: 29306 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.5%, 2 bedroom homes decreased by 16%, 3 bedroom homes increased by 21.9%, 4 bedroom homes decreased by 31.4%, and 5+ bedroom homes increased by 162.3%.

Median Sold Price Compared To Nearby Zip Codes

29306
+20.1%
29301
+8.5%
29303
+8.0%
29302
+4.4%
29376
-2.1%

Housing Supply in 29306, SC

How many homes are available in 29306, SC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
101111+9.9%

Summary: The 29306 real estate market had 111 homes for sale in October 2024, a 9.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1319
+46.2%
3 6468
+6.3%
4 2019
-5.0%
5+ 45
+25.0%

Summary: The 29306 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 46.2%, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2122+4.8%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29306, you may be able to get a good deal. 47.6% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in 29306 in October 2024, up by 4.8% month-over-month. Of the 21 sold homes, 48% were sold under asking, 19% were sold at asking, and 33% were sold over asking.

Days on Market for 29306, SC

How long does it take to sell a home in 29306, SC?

Average Sale Time

Oct 2023Oct 2024CHANGE
3 Days38 Days+1047.5%

Summary: Homes in 29306 had an average of 38 days on market in Oct 2024, up by 1047.5% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 29306 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 22 homes were sold in 29306; 27% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 5% 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 23 Days Ago

Newest Listings in 29306, SC

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