$2,968 Closing Credit*
$249,900
1,406 SqFt
3 Beds
•2 Full Baths
Listing Office: RE/MAX Southern Shores
Is 29527, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 29527 has remained a Seller's Market.
Key Takeaway
29527 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 29527, SC
How much do homes in 29527, SC cost?
Median Sold Price
$265,000
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$4,900(-1.8%)
Key Takeaway
Homes in 29527 have sold for 1.8% less than they did a year ago.
Summary: The median home sold price in 29527 was $265,000 in October 2024, down 1.8% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $169K | $140.3K | -17.0% |
| 2 Bedrooms | $185K | $127K | -31.4% |
| 3 Bedrooms | $262K | $262.9K | 0.4% |
| 4 Bedrooms | $312.4K | $299.5K | -4.1% |
| 5+ Bedrooms | $314K | $468K | +49.0% |
Summary: 29527 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17%, 2 bedroom homes decreased by 31.4%, 3 bedroom homes increased by 0.4%, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes increased by 49%.
Housing Supply in 29527, SC
How many homes are available in 29527, SC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 197 | 191 | -3.0% |
Summary: The 29527 real estate market had 191 homes for sale in October 2024, a 3.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 128 | 124 | -3.1% |
| 4 Bedrooms | 50 | 49 | -2.0% |
| 5+ Bedrooms | 14 | 13 | -7.1% |
Summary: The 29527 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 decreased by 3.1%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes decreased by 7.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 33 | 34 | +3.0% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 29527, you may be able to get a good deal. 55.9% of homes here sold below asking price last month.
Summary: A total of 34 homes were sold or pending in 29527 in October 2024, up by 3.0% month-over-month. Of the 34 sold homes, 56% were sold under asking, 35% were sold at asking, and 9% were sold over asking.
Days on Market for 29527, SC
How long does it take to sell a home in 29527, SC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 115 Days | 128 Days | +10.8% |
Summary: Homes in 29527 had an average of 128 days on market in Oct 2024, up by 10.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
20 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 29527 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 34 homes were sold in 29527; 0% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 59% of homes were sold over 90 days.
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