Is 29365, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29365 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 29365 has remained a Seller's Market.

Key Takeaway

29365 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 29365, SC

How much do homes in 29365, SC cost?

Median Sold Price

$299,982

$178/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$8(0%)

Key Takeaway

The sold price of homes in 29365 has remained the same since last year.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $184K-
N/A
2 $194.9K$200K
+2.6%
3 $280K$285.5K
+2.0%
4 $326.4K$323.8K
-0.8%
5+ $355.7K$380.8K
+7.0%

Summary: 29365 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 2.6%, 3 bedroom homes increased by 2%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes increased by 7%.

Median Sold Price Compared To Nearby Zip Codes

29385
+12.0%
29651
+10.8%
29349
+4.2%
29365
0%
29334
-7.2%

Housing Supply in 29365, SC

How many homes are available in 29365, SC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
112107-4.5%

Summary: The 29365 real estate market had 107 homes for sale in October 2024, a 4.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 95
-44.4%
3 5456
+3.7%
4 4138
-7.3%
5+ 77
0.0%

Summary: The 29365 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 44.4%, 3 bedroom homes increased by 3.7%, 4 bedroom homes decreased by 7.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2728+3.7%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29365, you may be able to get a good deal. 48.1% of homes here sold below asking price last month.

Summary: A total of 28 homes were sold or pending in 29365 in October 2024, up by 3.7% month-over-month. Of the 27 sold homes, 48% were sold under asking, 22% were sold at asking, and 30% were sold over asking.

Days on Market for 29365, SC

How long does it take to sell a home in 29365, SC?

Average Sale Time

Oct 2023Oct 2024CHANGE
48 Days53 Days+9.5%

Summary: Homes in 29365 had an average of 53 days on market in Oct 2024, up by 9.5% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 29365 has remained consistent over time.

Summary: During October 2024, 28 homes were sold in 29365; 7% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 4% 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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