Is 29526, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29526 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 29526 was a Seller's Market.

Key Takeaway

29526 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 29526, SC

How much do homes in 29526, SC cost?

Median Sold Price

$313,412

$181/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$8,538(+2.8%)

Key Takeaway

Homes in 29526 have sold for 2.8% more than they did a year ago.

Summary: The median home sold price in 29526 was $313,412 in November 2024, up 2.8% from last year, and the median price per square foot was $181.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $119K$110.2K
-7.4%
2 $171.2K$174.6K
+2.0%
3 $290K$295K
+1.7%
4 $354.5K$369.9K
+4.4%
5+ $416.5K$369.4K
-11.3%

Summary: 29526 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.4%, 2 bedroom homes increased by 2%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes decreased by 11.3%.

Median Sold Price Compared To Nearby Zip Codes

29511
+7.1%
29526
+2.8%
29569
+2.6%
29579
0.0%
29527
-1.5%

Housing Supply in 29526, SC

How many homes are available in 29526, SC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
414412-0.5%

Summary: The 29526 real estate market had 412 homes for sale in November 2024, a 0.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 3135
+12.9%
3 225228
+1.3%
4 126116
-7.9%
5+ 3132
+3.2%

Summary: The 29526 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 12.9%, 3 bedroom homes increased by 1.3%, 4 bedroom homes decreased by 7.9%, and 5+ bedroom homes increased by 3.2%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
7863-19.2%

Asking Price vs. Sold Price

40 Homes Were Sold
Under Asking

18 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29526, you may be able to get a good deal. 63.5% of homes here sold below asking price last month.

Summary: A total of 63 homes were sold or pending in 29526 in November 2024, down by 19.2% month-over-month. Of the 63 sold homes, 63% were sold under asking, 29% were sold at asking, and 8% were sold over asking.

Days on Market for 29526, SC

How long does it take to sell a home in 29526, SC?

Average Sale Time

Nov 2023Nov 2024CHANGE
97 Days117 Days+20.2%

Summary: Homes in 29526 had an average of 117 days on market in Nov 2024, up by 20.2% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

25 Homes Were Sold
In 30 - 90 Days

34 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 29526 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 63 homes were sold in 29526; 6% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 54% 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 17 Days Ago

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