Is 29418, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29418 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 29418 has remained a Seller's Market.

Key Takeaway

29418 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 29418, SC

How much do homes in 29418, SC cost?

Median Sold Price

$314,625

$201/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$14,625(+4.9%)

Key Takeaway

Homes in 29418 have sold for 4.9% more than they did a year ago.

Summary: The median home sold price in 29418 was $314,625 in October 2024, up 4.9% from last year, and the median price per square foot was $201.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $114.2K-
N/A
2 $210.5K$209.9K
-0.3%
3 $305K$313.5K
+2.8%
4 $357K$392.5K
+10.0%
5+ $375K$396.5K
+5.7%

Summary: 29418 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.3%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 5.7%.

Median Sold Price Compared To Nearby Zip Codes

29418
+4.9%
29414
+4.2%
29420
+3.8%
29406
+1.7%

Housing Supply in 29418, SC

How many homes are available in 29418, SC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
8690+4.7%

Summary: The 29418 real estate market had 90 homes for sale in October 2024, a 4.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1817
-5.6%
3 4747
0.0%
4 1820
+11.1%
5+ 36
+100.0%

Summary: The 29418 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 5.6%, 3 bedroom homes remained the same, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1722+29.4%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29418, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in 29418 in October 2024, up by 29.4% month-over-month. Of the 22 sold homes, 50% were sold under asking, 36% were sold at asking, and 14% were sold over asking.

Days on Market for 29418, 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 22 Days Ago

Newest Listings in 29418, SC

Nearby Markets to 29418, SC