Is 29405, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29405 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 29405 was a Seller's Market.

Key Takeaway

29405 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 29405, SC

How much do homes in 29405, SC cost?

Median Sold Price

$397,500

$288/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$38,400(+10.7%)

Key Takeaway

Homes in 29405 have sold for 10.7% more than they did a year ago.

Summary: The median home sold price in 29405 was $397,500 in November 2024, up 10.7% from last year, and the median price per square foot was $288.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $223.5K$237K
+6.0%
2 $230K$238K
+3.5%
3 $374.1K$415K
+10.9%
4 $518.4K$590K
+13.8%
5+ $425.9K$475K
+11.5%

Summary: 29405 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6%, 2 bedroom homes increased by 3.5%, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 13.8%, and 5+ bedroom homes increased by 11.5%.

Median Sold Price Compared To Nearby Zip Codes

29403
+13.1%
29405
+10.7%
29407
+7.7%
29418
+2.2%
29406
+1.7%

Housing Supply in 29405, SC

How many homes are available in 29405, SC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
181182+0.6%

Summary: The 29405 real estate market had 182 homes for sale in November 2024, a 0.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 3337
+12.1%
3 104102
-1.9%
4 3435
+2.9%
5+ 87
-12.5%

Summary: The 29405 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 12.1%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4026-35.0%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29405, you may be able to get a good deal. 80.8% of homes here sold below asking price last month.

Summary: A total of 26 homes were sold or pending in 29405 in November 2024, down by 35.0% month-over-month. Of the 26 sold homes, 81% were sold under asking, 15% were sold at asking, and 4% were sold over asking.

Days on Market for 29405, 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 17 Days Ago

Newest Listings in 29405, SC

Nearby Markets to 29405, SC