Is 29388, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29388 is a neutral's market

Buyer's
Market

Difference Since December 2023

Since last year, 29388 has remained a Neutral Market.

Key Takeaway

29388 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 29388, SC

How much do homes in 29388, SC cost?

Median Sold Price

$284,950

$165/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$2,950(+1.0%)

Key Takeaway

Homes in 29388 have sold for 1% more than they did a year ago.

Summary: The median home sold price in 29388 was $284,950 in December 2024, up 1% from last year, and the median price per square foot was $165.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 -$425K
N/A
2 $204.9K$176K
-14.1%
3 $269.9K$269.9K
0%
4 $319.9K$309.9K
-3.1%
5+ $435K$356.4K
-18.1%

Summary: 29388 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 14.1%, 3 bedroom homes did not change, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes decreased by 18.1%.

Median Sold Price Compared To Nearby Zip Codes

29681
+8.7%
29369
+3.2%
29388
+1.0%

Housing Supply in 29388, SC

How many homes are available in 29388, SC?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
151170+12.6%

Summary: The 29388 real estate market had 170 homes for sale in December 2024, a 12.6% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 22
0.0%
2 1212
0.0%
3 5669
+23.2%
4 6268
+9.7%
5+ 1919
0.0%

Summary: The 29388 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 23.2%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
1828+55.6%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29388, you may be able to get a good deal. 48% of homes here sold below asking price last month.

Summary: A total of 28 homes were sold or pending in 29388 in December 2024, up by 55.6% month-over-month. Of the 25 sold homes, 48% were sold under asking, 44% were sold at asking, and 8% 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

Dec 2023Dec 2024CHANGE
85 Days83 Days-1.9%

Summary: Homes in 29388 had an average of 83 days on market in Dec 2024, down by 1.9% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 29388 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During December 2024, 28 homes were sold in 29388; 14% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 21% 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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Newest Listings in 29388, SC

Nearby Markets to 29388, SC

MLS Disclaimers and Copyright

Based on information from Greater Greenville MLS, Multiple Listing Service of Spartanburg, and Western Upstate MLS for the period 01/01/2023 - 01/01/2025

Listing provided courtesy of Greater Greenville Association of Realtors® Internet Data Exchange Database. © 2025 GGAR MLS.

All information provided is deemed reliable but is not guaranteed and should be independently verified. GGAR MLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. GGAR MLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/5/2025, 4:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

© 2025 Spartanburg Association of REALTORS® Multiple Listing Service. All Rights Reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Spartanburg Association of REALTORS®. IDX information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable, but not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/5/2025, 4:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

© 2025 Western Upstate Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this Web site comes in part from the Broker Reciprocity Program of the Western Upstate Association of REALTORS®, Inc. and the Western Upstate Multiple Listing Service, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

This information is deemed reliable, but not guaranteed. Neither the Western Upstate Association of REALTORS®, Inc. or Western Upstate Multiple Listing Service of South Carolina, Inc., nor the listing broker, nor their agents or subagents are responsible for the accuracy of this information. The buyer is responsible for verifying all information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/5/2025, 4:21:03 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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