$5,344 Closing Credit*
$450,000
1 Bed
•1 Full Bath
Brady Brannon, Listing Office: Wondracek Realty Group, LLC
Is 29388, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 29388 has remained a Buyer's Market.
Key Takeaway
29388 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 29388, SC
How much do homes in 29388, SC cost?
Median Sold Price
$284,900
$166/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since October 2023.
Key Takeaway
The sold price of homes in 29388 has remained the same since last year.
Summary: The median home sold price in 29388 was $284,900 in October 2024, the same as last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $115K | - | N/A |
| 2 Bedrooms | $167.4K | $161.5K | -3.6% |
| 3 Bedrooms | $270K | $265K | -1.9% |
| 4 Bedrooms | $318.4K | $309.9K | -2.7% |
| 5+ Bedrooms | $397.5K | $356.4K | -10.3% |
Summary: 29388 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 3.6%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes decreased by 10.3%.
Housing Supply in 29388, SC
How many homes are available in 29388, SC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 176 | 156 | -11.4% |
Summary: The 29388 real estate market had 156 homes for sale in October 2024, a 11.4% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 14 | 12 | -14.3% |
| 3 Bedrooms | 55 | 49 | -10.9% |
| 4 Bedrooms | 86 | 77 | -10.5% |
| 5+ Bedrooms | 21 | 18 | -14.3% |
Summary: The 29388 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 14.3%, 3 bedroom homes decreased by 10.9%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 39 | 21 | -46.2% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 29388, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in 29388 in October 2024, down by 46.2% month-over-month. Of the 20 sold homes, 60% were sold under asking, 30% were sold at asking, and 10% were sold over asking.
Days on Market for 29388, SC
How long does it take to sell a home in 29388, SC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 61 Days | 49 Days | -19.2% |
Summary: Homes in 29388 had an average of 49 days on market in Oct 2024, down by 19.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 29388 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 21 homes were sold in 29388; 19% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
