$5,047 Closing Credit*
$425,000
813 SqFt
3 Beds
•2 Full Baths
Listing Office: Ocean Lakes Service Corp
Is 29575, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 29575 was a Seller's Market.
Key Takeaway
29575 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 29575, SC
How much do homes in 29575, SC cost?
Median Sold Price
$379,800
$224/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$44,800(+13.4%)
Key Takeaway
Homes in 29575 have sold for 13.4% more than they did a year ago.
Summary: The median home sold price in 29575 was $379,800 in October 2024, up 13.4% from last year, and the median price per square foot was $224.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $141K | $159.9K | +13.4% |
| 2 Bedrooms | $185K | $204.5K | +10.5% |
| 3 Bedrooms | $364.2K | $394.6K | +8.3% |
| 4 Bedrooms | $550K | $535K | -2.7% |
| 5+ Bedrooms | $675K | $760K | +12.6% |
Summary: 29575 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.4%, 2 bedroom homes increased by 10.5%, 3 bedroom homes increased by 8.3%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes increased by 12.6%.
Housing Supply in 29575, SC
How many homes are available in 29575, SC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 412 | 415 | +0.7% |
Summary: The 29575 real estate market had 415 homes for sale in October 2024, a 0.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 30 | 31 | +3.3% |
| 2 Bedrooms | 143 | 145 | +1.4% |
| 3 Bedrooms | 120 | 124 | +3.3% |
| 4 Bedrooms | 62 | 59 | -4.8% |
| 5+ Bedrooms | 57 | 56 | -1.8% |
Summary: The 29575 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 3.3%, 2 bedroom homes increased by 1.4%, 3 bedroom homes increased by 3.3%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes decreased by 1.8%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 63 | 42 | -33.3% |
Asking Price vs. Sold Price
30 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 29575, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 42 homes were sold or pending in 29575 in October 2024, down by 33.3% month-over-month. Of the 42 sold homes, 71% were sold under asking, 19% were sold at asking, and 10% were sold over asking.
Days on Market for 29575, SC
How long does it take to sell a home in 29575, SC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 81 Days | 106 Days | +31.0% |
Summary: Homes in 29575 had an average of 106 days on market in Oct 2024, up by 31% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
21 Homes Were Sold
In 30 - 90 Days
19 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 29575 has remained consistent over time.
Summary: During October 2024, 42 homes were sold in 29575; 5% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 45% of homes were sold over 90 days.
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