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 November 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

$300,000

$195/sqft

Based on all homes sold in the last 12 months.

Difference Since November 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 $300,000 in November 2024, up 1.7% from last year, and the median price per square foot was $195.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $150K$130K
-13.3%
2 $202.5K$214.9K
+6.1%
3 $299.9K$301K
0.4%
4 $355K$350.5K
-1.3%
5+ $404.9K$400K
-1.2%

Summary: 29406 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.3%, 2 bedroom homes increased by 6.1%, 3 bedroom homes increased by 0.4%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes decreased by 1.2%.

Median Sold Price Compared To Nearby Zip Codes

29420
+6.1%
29418
+2.2%
29410
+2.1%
29406
+1.7%

Housing Supply in 29406, SC

How many homes are available in 29406, SC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
113109-3.5%

Summary: The 29406 real estate market had 109 homes for sale in November 2024, a 3.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 2223
+4.5%
3 6860
-11.8%
4 1922
+15.8%
5+ 33
0.0%

Summary: The 29406 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 4.5%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes increased by 15.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1922+15.8%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29406, expect to pay close to the asking price. 40.9% of homes here sold near the asking price last month.

Summary: A total of 22 homes were sold or pending in 29406 in November 2024, up by 15.8% month-over-month. Of the 22 sold homes, 36% were sold under asking, 41% were sold at asking, and 23% 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 21 Days Ago

Newest Listings in 29406, SC

Nearby Markets to 29406, SC