Is 29461, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29461 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 29461 was a Seller's Market.

Key Takeaway

29461 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 29461, SC

How much do homes in 29461, SC cost?

Median Sold Price

$389,933

$182/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$13,545(+3.6%)

Key Takeaway

Homes in 29461 have sold for 3.6% more than they did a year ago.

Summary: The median home sold price in 29461 was $389,933 in November 2024, up 3.6% from last year, and the median price per square foot was $182.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $120K$120K
0.0%
2 $489.9K$494.9K
+1.0%
3 $339.7K$340.1K
0.1%
4 $385K$394.7K
+2.5%
5+ $435K$454K
+4.4%

Summary: 29461 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 increased by 1%, 3 bedroom homes increased by 0.1%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes increased by 4.4%.

Median Sold Price Compared To Nearby Zip Codes

29486
+6.3%
29445
+4.9%
29461
+3.6%

Housing Supply in 29461, SC

How many homes are available in 29461, SC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
587613+4.4%

Summary: The 29461 real estate market had 613 homes for sale in November 2024, a 4.4% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 12
+100.0%
2 2932
+10.3%
3 212200
-5.7%
4 248274
+10.5%
5+ 97105
+8.2%

Summary: The 29461 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 10.3%, 3 bedroom homes decreased by 5.7%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes increased by 8.2%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
8085+6.3%

Asking Price vs. Sold Price

29 Homes Were Sold
Under Asking

36 Homes Were Sold
At Asking

20 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29461, expect to pay close to the asking price. 42.4% of homes here sold near the asking price last month.

Summary: A total of 85 homes were sold or pending in 29461 in November 2024, up by 6.3% month-over-month. Of the 85 sold homes, 34% were sold under asking, 42% were sold at asking, and 24% were sold over asking.

Days on Market for 29461, 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 29461, SC

Nearby Markets to 29461, SC