Is 29472, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29472 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 29472 was a Seller's Market.

Key Takeaway

29472 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 29472, SC

How much do homes in 29472, SC cost?

Median Sold Price

$389,430

$183/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$22,626(-5.5%)

Key Takeaway

Homes in 29472 have sold for 5.5% less than they did a year ago.

Summary: The median home sold price in 29472 was $389,430 in October 2024, down 5.5% from last year, and the median price per square foot was $183.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$145K
N/A
2 $245K$239.7K
-2.1%
3 $395.7K$372.3K
-5.9%
4 $423.4K$430K
+1.5%
5+ $460K$477K
+3.7%

Summary: 29472 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 decreased by 2.1%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 3.7%.

Median Sold Price Compared To Nearby Zip Codes

29483
+2.6%
29485
-1.0%
29472
-5.5%

Housing Supply in 29472, SC

How many homes are available in 29472, SC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5049-2.0%

Summary: The 29472 real estate market had 49 homes for sale in October 2024, a 2.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 44
0.0%
3 2824
-14.3%
4 1316
+23.1%
5+ 44
0.0%

Summary: The 29472 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 decreased by 14.3%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
168-50.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29472, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in 29472 in October 2024, down by 50.0% month-over-month. Of the 8 sold homes, 50% were sold under asking, 38% were sold at asking, and 13% were sold over asking.

Days on Market for 29472, 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 13 Days Ago

Newest Listings in 29472, SC

Nearby Markets to 29472, SC