Is 29511, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29511 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 29511 has remained a Seller's Market.

Key Takeaway

29511 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 29511, SC

How much do homes in 29511, SC cost?

Median Sold Price

$331,300

$206/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$18,850(+6.0%)

Key Takeaway

Homes in 29511 have sold for 6% more than they did a year ago.

Summary: The median home sold price in 29511 was $331,300 in October 2024, up 6% from last year, and the median price per square foot was $206.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $173.8K$186K
+7.0%
3 $294.3K$306K
+4.0%
4 $330K$366.5K
+11.1%
5+ $333K$339.9K
+2.1%

Summary: 29511 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 7%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 2.1%.

Median Sold Price Compared To Nearby Zip Codes

29544
+6.6%
29511
+6.0%
29526
+2.5%
29569
+2.2%

Housing Supply in 29511, SC

How many homes are available in 29511, SC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4244+4.8%

Summary: The 29511 real estate market had 44 homes for sale in October 2024, a 4.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 2225
+13.6%
4 1615
-6.3%
5+ 33
0.0%

Summary: The 29511 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 increased by 13.6%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
411+175.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29511, you may be able to get a good deal. 36.4% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in 29511 in October 2024, up by 175.0% month-over-month. Of the 11 sold homes, 36% were sold under asking, 36% were sold at asking, and 27% were sold over asking.

Days on Market for 29511, SC

How long does it take to sell a home in 29511, SC?

Average Sale Time

Oct 2023Oct 2024CHANGE
191 Days155 Days-18.9%

Summary: Homes in 29511 had an average of 155 days on market in Oct 2024, down by 18.9% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 29511 has remained consistent over time.

Summary: During October 2024, 11 homes were sold in 29511; 0% of homes were sold within 30 days, 55% of homes were sold within 30 to 90 days, and 45% 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 13 Days Ago

Newest Listings in 29511, SC

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