Is 29527, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29527 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 29527 was a Seller's Market.

Key Takeaway

29527 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 29527, SC

How much do homes in 29527, SC cost?

Median Sold Price

$265,000

$188/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$4,000(-1.5%)

Key Takeaway

Homes in 29527 have sold for 1.5% less than they did a year ago.

Summary: The median home sold price in 29527 was $265,000 in November 2024, down 1.5% from last year, and the median price per square foot was $188.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $169K$140.3K
-17.0%
2 $165K$127K
-23.0%
3 $262K$263K
0.4%
4 $307.4K$300K
-2.4%
5+ $314K$358.9K
+14.3%

Summary: 29527 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17%, 2 bedroom homes decreased by 23%, 3 bedroom homes increased by 0.4%, 4 bedroom homes decreased by 2.4%, and 5+ bedroom homes increased by 14.3%.

Median Sold Price Compared To Nearby Zip Codes

29554
+25.0%
29588
+3.2%
29526
+2.8%
29527
-1.5%
29576
-2.3%

Housing Supply in 29527, SC

How many homes are available in 29527, SC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
185178-3.8%

Summary: The 29527 real estate market had 178 homes for sale in November 2024, a 3.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 45
+25.0%
3 119114
-4.2%
4 5048
-4.0%
5+ 1110
-9.1%

Summary: The 29527 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 25%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes decreased by 9.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3428-17.6%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29527, you may be able to get a good deal. 46.4% of homes here sold below asking price last month.

Summary: A total of 28 homes were sold or pending in 29527 in November 2024, down by 17.6% month-over-month. Of the 28 sold homes, 46% were sold under asking, 43% were sold at asking, and 11% 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

Nov 2023Nov 2024CHANGE
99 Days119 Days+20.7%

Summary: Homes in 29527 had an average of 119 days on market in Nov 2024, up by 20.7% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

19 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

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 November 2024, 28 homes were sold in 29527; 0% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 68% 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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