$3,266 Closing Credit*
$275,000
3 Beds
•2 Full Baths
Mitzi Kirsch, Listing Office: Century 21 Blackwell & Co
Is 29316, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 29316 has remained a Seller's Market.
Key Takeaway
29316 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 29316, SC
How much do homes in 29316, SC cost?
Median Sold Price
$289,950
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$14,983(+5.4%)
Key Takeaway
Homes in 29316 have sold for 5.4% more than they did a year ago.
Summary: The median home sold price in 29316 was $289,950 in October 2024, up 5.4% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $161K | $205.7K | +27.8% |
| 3 Bedrooms | $261.5K | $260K | -0.6% |
| 4 Bedrooms | $305K | $319.7K | +4.8% |
| 5+ Bedrooms | $350K | $399.9K | +14.3% |
Summary: 29316 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 increased by 27.8%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 14.3%.
Housing Supply in 29316, SC
How many homes are available in 29316, SC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 278 | 291 | +4.7% |
Summary: The 29316 real estate market had 291 homes for sale in October 2024, a 4.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 6 | -33.3% |
| 3 Bedrooms | 134 | 147 | +9.7% |
| 4 Bedrooms | 107 | 110 | +2.8% |
| 5+ Bedrooms | 28 | 28 | 0.0% |
Summary: The 29316 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 decreased by 33.3%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 40 | 53 | +32.5% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
26 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 29316, expect to pay close to the asking price. 56.5% of homes here sold near the asking price last month.
Summary: A total of 53 homes were sold or pending in 29316 in October 2024, up by 32.5% month-over-month. Of the 46 sold homes, 28% were sold under asking, 57% were sold at asking, and 15% were sold over asking.
Days on Market for 29316, SC
How long does it take to sell a home in 29316, SC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 40 Days | 46 Days | +14.3% |
Summary: Homes in 29316 had an average of 46 days on market in Oct 2024, up by 14.3% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 29316 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 53 homes were sold in 29316; 28% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
