Is 29429, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29429 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 29429 was a Seller's Market.

Key Takeaway

29429 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 29429, SC

How much do homes in 29429, SC cost?

Median Sold Price

$970,000

$365/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$17,500(+1.8%)

Key Takeaway

Homes in 29429 have sold for 1.8% more than they did a month ago.

Summary: The median home sold price in 29429 was $970,000 in October 2024, up 1.8% from last month, and the median price per square foot was $365.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $587.5K$782.5K
+33.2%
4 $685K$807.5K
+17.9%
5+ $1.3M$1.9M
+42.6%

Summary: 29429 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 33.2%, 4 bedroom homes increased by 17.9%, and 5+ bedroom homes increased by 42.6%.

Housing Supply in 29429, SC

How many homes are available in 29429, SC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3844+15.8%

Summary: The 29429 real estate market had 44 homes for sale in October 2024, a 15.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 89
+12.5%
4 1621
+31.3%
5+ 1414
0.0%

Summary: The 29429 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 remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 31.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
86-25.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29429, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 29429 in October 2024, down by 25.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% were sold over asking.

Days on Market for 29429, 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 18 Days Ago

Newest Listings in 29429, SC

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