Is 29401, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29401 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 29401 was a Seller's Market.

Key Takeaway

29401 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 29401, SC

How much do homes in 29401, SC cost?

Median Sold Price

$1,475,000

$811/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$315,000(+27.2%)

Key Takeaway

Homes in 29401 have sold for 27.2% more than they did a year ago.

Summary: The median home sold price in 29401 was $1,475,000 in November 2024, up 27.2% from last year, and the median price per square foot was $811.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $497.4K$547.5K
+10.1%
2 $905K$1.1M
+25.1%
3 $1.7M$1.9M
+12.4%
4 $2.7M$2.9M
+6.6%
5+ $3.3M$2.6M
-20.6%

Summary: 29401 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.1%, 2 bedroom homes increased by 25.1%, 3 bedroom homes increased by 12.4%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes decreased by 20.6%.

Median Sold Price Compared To Nearby Zip Codes

29401
+27.2%
29403
+13.1%
29407
+7.7%

Housing Supply in 29401, SC

How many homes are available in 29401, SC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1391390.0%

Summary: The 29401 real estate market had 139 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 2420
-16.7%
2 4850
+4.2%
3 2424
0.0%
4 2322
-4.3%
5+ 2023
+15.0%

Summary: The 29401 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes increased by 4.2%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes increased by 15%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
15150.0%

Asking Price vs. Sold Price

13 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 29401, you may be able to get a good deal. 86.7% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in 29401 in November 2024, the same as the previous month. Of the 15 sold homes, 87% were sold under asking, 7% were sold at asking, and 7% were sold over asking.

Days on Market for 29401, SC

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in 29401, SC

Nearby Markets to 29401, SC