Is 29485, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29485 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 29485 has remained a Seller's Market.

Key Takeaway

29485 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 29485, SC

How much do homes in 29485, SC cost?

Median Sold Price

$356,443

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$3,467(-1.0%)

Key Takeaway

Homes in 29485 have sold for 1% less than they did a year ago.

Summary: The median home sold price in 29485 was $356,443 in October 2024, down 1% from last year, and the median price per square foot was $192.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $178.9K$186.2K
+4.1%
2 $225K$243.5K
+8.2%
3 $320K$320K
0.0%
4 $388.7K$405K
+4.2%
5+ $466.2K$480K
+3.0%

Summary: 29485 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.1%, 2 bedroom homes increased by 8.2%, 3 bedroom homes did not change, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 3%.

Median Sold Price Compared To Nearby Zip Codes

29414
+4.2%
29420
+3.8%
29483
+2.6%
29456
+1.7%
29485
-1.0%

Housing Supply in 29485, SC

How many homes are available in 29485, SC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
341376+10.3%

Summary: The 29485 real estate market had 376 homes for sale in October 2024, a 10.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1121
+90.9%
3 144168
+16.7%
4 148147
-0.7%
5+ 3840
+5.3%

Summary: The 29485 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 increased by 90.9%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes increased by 5.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
5982+39.0%

Asking Price vs. Sold Price

38 Homes Were Sold
Under Asking

26 Homes Were Sold
At Asking

18 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29485, you may be able to get a good deal. 46.3% of homes here sold below asking price last month.

Summary: A total of 82 homes were sold or pending in 29485 in October 2024, up by 39.0% month-over-month. Of the 82 sold homes, 46% were sold under asking, 32% were sold at asking, and 22% were sold over asking.

Days on Market for 29485, 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 20 Days Ago

Newest Listings in 29485, SC

Nearby Markets to 29485, SC