Is 29334, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29334 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 29334 was a Seller's Market.

Key Takeaway

29334 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 29334, SC

How much do homes in 29334, SC cost?

Median Sold Price

$279,950

$151/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$21,800(-7.2%)

Key Takeaway

Homes in 29334 have sold for 7.2% less than they did a year ago.

Summary: The median home sold price in 29334 was $279,950 in October 2024, down 7.2% 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 $137.9K$210K
+52.2%
3 $273.5K$255K
-6.8%
4 $379K$375K
-1.1%
5+ $449K$440K
-2.0%

Summary: 29334 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 52.2%, 3 bedroom homes decreased by 6.8%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes decreased by 2%.

Median Sold Price Compared To Nearby Zip Codes

29385
+12.0%
29365
0%
29334
-7.2%

Housing Supply in 29334, SC

How many homes are available in 29334, SC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
155185+19.4%

Summary: The 29334 real estate market had 185 homes for sale in October 2024, a 19.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 62
-66.7%
3 89110
+23.6%
4 4452
+18.2%
5+ 1620
+25.0%

Summary: The 29334 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 66.7%, 3 bedroom homes increased by 23.6%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3031+3.3%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29334, you may be able to get a good deal. 63% of homes here sold below asking price last month.

Summary: A total of 31 homes were sold or pending in 29334 in October 2024, up by 3.3% month-over-month. Of the 27 sold homes, 63% were sold under asking, 19% were sold at asking, and 19% were sold over asking.

Days on Market for 29334, SC

How long does it take to sell a home in 29334, SC?

Average Sale Time

Oct 2023Oct 2024CHANGE
26 Days39 Days+48.4%

Summary: Homes in 29334 had an average of 39 days on market in Oct 2024, up by 48.4% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 29334 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 31 homes were sold in 29334; 26% of homes were sold within 30 days, 3% of homes were sold within 30 to 90 days, and 6% 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 21 Days Ago

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