Is 29406, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29406 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 29406 has remained a Seller's Market.

Key Takeaway

29406 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 29406, SC

How much do homes in 29406, SC cost?

Median Sold Price

$295,000

$193/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$5,000(+1.7%)

Key Takeaway

Homes in 29406 have sold for 1.7% more than they did a year ago.

Summary: The median home sold price in 29406 was $295,000 in October 2024, up 1.7% from last year, and the median price per square foot was $193.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $150K$130K
-13.3%
2 $199.5K$212.9K
+6.7%
3 $295K$300K
+1.7%
4 $347K$355K
+2.3%
5+ $404.9K$407.5K
+0.6%

Summary: 29406 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.3%, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes increased by 0.6%.

Median Sold Price Compared To Nearby Zip Codes

29418
+4.9%
29420
+3.8%
29410
+2.2%
29406
+1.7%

Housing Supply in 29406, SC

How many homes are available in 29406, SC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
98113+15.3%

Summary: The 29406 real estate market had 113 homes for sale in October 2024, a 15.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 2322
-4.3%
3 5669
+23.2%
4 1619
+18.8%
5+ 32
-33.3%

Summary: The 29406 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 4.3%, 3 bedroom homes increased by 23.2%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2019-5.0%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29406, you may be able to get a good deal. 63.2% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in 29406 in October 2024, down by 5.0% month-over-month. Of the 19 sold homes, 63% were sold under asking, 32% were sold at asking, and 5% were sold over asking.

Days on Market for 29406, 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 20 Days Ago

Newest Listings in 29406, SC

Nearby Markets to 29406, SC