Is 29341, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29341 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 29341 was a Seller's Market.

Key Takeaway

29341 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 29341, SC

How much do homes in 29341, SC cost?

Median Sold Price

$250,000

$150/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$13,950(-5.3%)

Key Takeaway

Homes in 29341 have sold for 5.3% less than they did a year ago.

Summary: The median home sold price in 29341 was $250,000 in October 2024, down 5.3% from last year, and the median price per square foot was $150.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$23.5K
N/A
2 $110.4K$163.9K
+48.5%
3 $260K$250K
-3.8%
4 $320K$260K
-18.8%
5+ $329.5K$500K
+51.7%

Summary: 29341 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 48.5%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes decreased by 18.8%, and 5+ bedroom homes increased by 51.7%.

Median Sold Price Compared To Nearby Zip Codes

29323
+18.6%
29340
+13.5%
29341
-5.3%
29330
-6.2%
28114
-6.5%

Housing Supply in 29341, SC

How many homes are available in 29341, SC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7680+5.3%

Summary: The 29341 real estate market had 80 homes for sale in October 2024, a 5.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 56
+20.0%
3 4550
+11.1%
4 2017
-15.0%
5+ 66
0.0%

Summary: The 29341 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 increased by 20%, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 15%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
139-30.8%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29341, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in 29341 in October 2024, down by 30.8% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.

Days on Market for 29341, SC

How long does it take to sell a home in 29341, SC?

Average Sale Time

Oct 2023Oct 2024CHANGE
19 Days24 Days+23.3%

Summary: Homes in 29341 had an average of 24 days on market in Oct 2024, up by 23.3% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 29341 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 9 homes were sold in 29341; 44% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% 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 14 Days Ago

Newest Listings in 29341, SC

Nearby Markets to 29341, SC