Is 29569, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29569 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 29569 was a Seller's Market.

Key Takeaway

29569 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 29569, SC

How much do homes in 29569, SC cost?

Median Sold Price

$291,390

$187/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$6,390(+2.2%)

Key Takeaway

Homes in 29569 have sold for 2.2% more than they did a year ago.

Summary: The median home sold price in 29569 was $291,390 in October 2024, up 2.2% from last year, and the median price per square foot was $187.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $105K$200K
+90.5%
2 $125K$200K
+60.0%
3 $283K$283.5K
0.2%
4 $315K$327.9K
+4.1%
5+ $421.2K$480K
+14.0%

Summary: 29569 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 90.5%, 2 bedroom homes increased by 60%, 3 bedroom homes increased by 0.2%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes increased by 14%.

Median Sold Price Compared To Nearby Zip Codes

28463
+29.4%
29511
+6.0%
29526
+2.5%
29569
+2.2%

Housing Supply in 29569, SC

How many homes are available in 29569, SC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
116114-1.7%

Summary: The 29569 real estate market had 114 homes for sale in October 2024, a 1.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 65
-16.7%
3 7275
+4.2%
4 3230
-6.3%
5+ 53
-40.0%

Summary: The 29569 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 16.7%, 3 bedroom homes increased by 4.2%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes decreased by 40%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1812-33.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29569, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in 29569 in October 2024, down by 33.3% month-over-month. Of the 12 sold homes, 42% were sold under asking, 25% were sold at asking, and 33% were sold over asking.

Days on Market for 29569, SC

How long does it take to sell a home in 29569, SC?

Average Sale Time

Oct 2023Oct 2024CHANGE
162 Days130 Days-19.7%

Summary: Homes in 29569 had an average of 130 days on market in Oct 2024, down by 19.7% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 29569 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 12 homes were sold in 29569; 0% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 75% 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 14 Days Ago

Newest Listings in 29569, SC

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