Is 29574, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29574 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 29574 was a Neutral Market.

Key Takeaway

29574 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 29574, SC

How much do homes in 29574, SC cost?

Median Sold Price

$186,000

$99/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$56,000(+43.1%)

Key Takeaway

Homes in 29574 have sold for 43.1% more than they did a year ago.

Summary: The median home sold price in 29574 was $186,000 in October 2024, up 43.1% from last year, and the median price per square foot was $99.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $40K$65K
+62.5%
3 $125K$180K
+44.0%
4 $190K$210K
+10.5%
5+ $295K-
N/A

Summary: 29574 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 62.5%, 3 bedroom homes increased by 44%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

29574
+43.1%
29571
+29.6%
29544
+6.6%

Housing Supply in 29574, SC

How many homes are available in 29574, SC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2526+4.0%

Summary: The 29574 real estate market had 26 homes for sale in October 2024, a 4.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 23
+50.0%
3 1416
+14.3%
4 75
-28.6%
5+ 11
0.0%

Summary: The 29574 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 increased by 50%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29574, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 29574 in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 29574, SC

How long does it take to sell a home in 29574, SC?

Average Sale Time

Oct 2023Oct 2024CHANGE
69 Days43 Days-37.7%

Summary: Homes in 29574 had an average of 43 days on market in Oct 2024, down by 37.7% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 29574 has remained consistent over time.

Summary: During October 2024, 2 homes were sold in 29574; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 29574, SC

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