$3,585 Closing Credit*
$301,900
1,618 SqFt
3 Beds
•2 Full Baths
Ginger Ryals, Listing Office: D.R. Horton
Is 29316, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$295,700
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$21,277(+7.8%)
Key Takeaway
Homes in 29316 have sold for 7.8% more than they did a year ago.
Summary: The median home sold price in 29316 was $295,700 in November 2024, up 7.8% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $170K | $215K | +26.5% |
| 3 Bedrooms | $260.2K | $265K | +1.8% |
| 4 Bedrooms | $305K | $324.9K | +6.5% |
| 5+ Bedrooms | $354K | $399.9K | +13.0% |
Summary: 29316 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 26.5%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes increased by 13%.
Housing Supply in 29316, SC
How many homes are available in 29316, SC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 281 | 275 | -2.1% |
Summary: The 29316 real estate market had 275 homes for sale in November 2024, a 2.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 146 | 157 | +7.5% |
| 4 Bedrooms | 102 | 90 | -11.8% |
| 5+ Bedrooms | 28 | 24 | -14.3% |
Summary: The 29316 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 decreased by 20%, 3 bedroom homes increased by 7.5%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 50 | 56 | +12.0% |
Asking Price vs. Sold Price
28 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 29316, you may be able to get a good deal. 56% of homes here sold below asking price last month.
Summary: A total of 56 homes were sold or pending in 29316 in November 2024, up by 12.0% month-over-month. Of the 50 sold homes, 56% were sold under asking, 38% were sold at asking, and 6% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 41 Days | 64 Days | +55.0% |
Summary: Homes in 29316 had an average of 64 days on market in Nov 2024, up by 55% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
8 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 November 2024, 56 homes were sold in 29316; 25% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
