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 October 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

$387,827

$182/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$10,774(+2.9%)

Key Takeaway

Homes in 29461 have sold for 2.9% more than they did a year ago.

Summary: The median home sold price in 29461 was $387,827 in October 2024, up 2.9% from last year, and the median price per square foot was $182.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $120K$120K
0.0%
2 $489.9K$499.9K
+2.0%
3 $339.9K$340K
0.0%
4 $385K$394.5K
+2.5%
5+ $421.4K$453.5K
+7.6%

Summary: 29461 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 2%, 3 bedroom homes did not change, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes increased by 7.6%.

Median Sold Price Compared To Nearby Zip Codes

29445
+6.5%
29486
+5.8%
29461
+2.9%

Housing Supply in 29461, SC

How many homes are available in 29461, SC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
596626+5.0%

Summary: The 29461 real estate market had 626 homes for sale in October 2024, a 5.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 3430
-11.8%
3 213221
+3.8%
4 238263
+10.5%
5+ 110111
+0.9%

Summary: The 29461 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 11.8%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes increased by 0.9%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
8276-7.3%

Asking Price vs. Sold Price

35 Homes Were Sold
Under Asking

23 Homes Were Sold
At Asking

18 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29461, you may be able to get a good deal. 46.1% of homes here sold below asking price last month.

Summary: A total of 76 homes were sold or pending in 29461 in October 2024, down by 7.3% month-over-month. Of the 76 sold homes, 46% were sold under asking, 30% were sold at asking, and 24% were sold over asking.

Days on Market for 29461, SC

How long does it take to sell a home in 29461, SC?

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 29461 has remained consistent over time.

Summary: During October 2024, 76 homes were sold in 29461; 0% of homes were sold within 30 days, 1% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 14 Days Ago

Newest Listings in 29461, SC

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