Is 29431, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29431 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 29431 has remained a Seller's Market.

Key Takeaway

29431 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 29431, SC

How much do homes in 29431, SC cost?

Median Sold Price

$397,250

$225/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$24,750(+6.6%)

Key Takeaway

Homes in 29431 have sold for 6.6% more than they did a year ago.

Summary: The median home sold price in 29431 was $397,250 in November 2024, up 6.6% from last year, and the median price per square foot was $225.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$360K
N/A
2 $359K$256.5K
-28.6%
3 $333.5K$362K
+8.5%
4 $412.5K$523.9K
+27.0%
5+ -$849.5K
N/A

Summary: 29431 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 28.6%, 3 bedroom homes increased by 8.5%, 4 bedroom homes increased by 27%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

29431
+6.6%
29461
+3.6%

Housing Supply in 29431, SC

How many homes are available in 29431, SC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
990.0%

Summary: The 29431 real estate market had 9 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 10
-100.0%
3 55
0.0%
4 11
0.0%
5+ 12
+100.0%

Summary: The 29431 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 decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

2 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 29431, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 29431 in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for 29431, 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 17 Days Ago

Newest Listings in 29431, SC

Nearby Markets to 29431, SC