Is 29369, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29369 is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 29369 was a Neutral Market.

Key Takeaway

29369 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 29369, SC

How much do homes in 29369, SC cost?

Median Sold Price

$290,925

$153/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$4,925(+1.7%)

Key Takeaway

Homes in 29369 have sold for 1.7% more than they did a year ago.

Summary: The median home sold price in 29369 was $290,925 in October 2024, up 1.7% from last year, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $233.9K$214.9K
-8.1%
3 $260K$264.9K
+1.9%
4 $295K$312K
+5.8%
5+ $325.5K$322.4K
-0.9%

Summary: 29369 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 decreased by 8.1%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes decreased by 0.9%.

Median Sold Price Compared To Nearby Zip Codes

29306
+20.1%
29301
+8.5%
29369
+1.7%
29376
-2.1%
29334
-7.2%

Housing Supply in 29369, SC

How many homes are available in 29369, SC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
243248+2.1%

Summary: The 29369 real estate market had 248 homes for sale in October 2024, a 2.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 127
-41.7%
3 101113
+11.9%
4 9192
+1.1%
5+ 3936
-7.7%

Summary: The 29369 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 41.7%, 3 bedroom homes increased by 11.9%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes decreased by 7.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4945-8.2%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

17 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29369, you may be able to get a good deal. 46.5% of homes here sold below asking price last month.

Summary: A total of 45 homes were sold or pending in 29369 in October 2024, down by 8.2% month-over-month. Of the 43 sold homes, 47% were sold under asking, 40% were sold at asking, and 14% were sold over asking.

Days on Market for 29369, SC

How long does it take to sell a home in 29369, SC?

Average Sale Time

Oct 2023Oct 2024CHANGE
26 Days80 Days+205.4%

Summary: Homes in 29369 had an average of 80 days on market in Oct 2024, up by 205.4% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

10 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 29369 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 45 homes were sold in 29369; 13% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 22% 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 4 Days Ago

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