Is 29420, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29420 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 29420 was a Seller's Market.

Key Takeaway

29420 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 29420, SC

How much do homes in 29420, SC cost?

Median Sold Price

$356,688

$189/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$12,915(+3.8%)

Key Takeaway

Homes in 29420 have sold for 3.8% more than they did a year ago.

Summary: The median home sold price in 29420 was $356,688 in October 2024, up 3.8% from last year, and the median price per square foot was $189.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $245K$281K
+14.7%
3 $290K$319K
+10.0%
4 $400K$415K
+3.8%
5+ $595K$570K
-4.2%

Summary: 29420 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 increased by 14.7%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes decreased by 4.2%.

Median Sold Price Compared To Nearby Zip Codes

29418
+4.9%
29420
+3.8%
29456
+1.7%
29406
+1.7%
29485
-1.0%

Housing Supply in 29420, SC

How many homes are available in 29420, SC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
96107+11.5%

Summary: The 29420 real estate market had 107 homes for sale in October 2024, a 11.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 67
+16.7%
3 4654
+17.4%
4 3739
+5.4%
5+ 77
0.0%

Summary: The 29420 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 increased by 16.7%, 3 bedroom homes increased by 17.4%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1917-10.5%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29420, you may be able to get a good deal. 76.5% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in 29420 in October 2024, down by 10.5% month-over-month. Of the 17 sold homes, 76% were sold under asking, 12% were sold at asking, and 12% were sold over asking.

Days on Market for 29420, 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 23 Days Ago

Newest Listings in 29420, SC

Nearby Markets to 29420, SC