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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29487 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 29487 was a Buyer's Market.

Key Takeaway

29487 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 29487, SC

How much do homes in 29487, SC cost?

Median Sold Price

$501,500

$333/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$736,000(-59.5%)

Key Takeaway

Homes in 29487 have sold for 59.5% less than they did a month ago.

Summary: The median home sold price in 29487 was $501,500 in October 2024, down 59.5% from last month, and the median price per square foot was $333.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $925K$430K
-53.5%
3 $1.5M$573K
-63.0%
4 --
N/A
5+ --
N/A

Summary: 29487 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 53.5%, 3 bedroom homes decreased by 63%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 29487, SC

How many homes are available in 29487, SC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1614-12.5%

Summary: The 29487 real estate market had 14 homes for sale in October 2024, a 12.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 76
-14.3%
4 22
0.0%
5+ 55
0.0%

Summary: The 29487 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 50%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was 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. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 29487 in October 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% 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

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