Is 29487, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29487 is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, 29487 has remained a Buyer's Market.

Key Takeaway

29487 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 29487, SC

How much do homes in 29487, SC cost?

Median Sold Price

$1,048,500

$493/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$287,000(+37.7%)

Key Takeaway

Homes in 29487 have sold for 37.7% more than they did a year ago.

Summary: The median home sold price in 29487 was $1,048,500 in November 2024, up 37.7% from last year, and the median price per square foot was $493.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $1.0M$925K
-8.6%
3 $562.5K$1.0M
+86.4%
4 $655K$1.6M
+158.9%
5+ $1.2M$1.2M
-5.5%

Summary: 29487 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 8.6%, 3 bedroom homes increased by 86.4%, 4 bedroom homes increased by 158.9%, and 5+ bedroom homes decreased by 5.5%.

Median Sold Price Compared To Nearby Zip Codes

29487
+37.7%
29455
+3.2%
29449
-0.9%

Housing Supply in 29487, SC

How many homes are available in 29487, SC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
15150.0%

Summary: The 29487 real estate market had 15 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 21
-50.0%
3 66
0.0%
4 22
0.0%
5+ 55
0.0%

Summary: The 29487 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 decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29487, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 29487 in November 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 29487, 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 18 Days Ago

Newest Listings in 29487, SC

Nearby Markets to 29487, SC