Is 29576, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29576 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 29576 was a Seller's Market.

Key Takeaway

29576 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 29576, SC

How much do homes in 29576, SC cost?

Median Sold Price

$378,791

$229/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$3,280(-0.9%)

Key Takeaway

Homes in 29576 have sold for 0.9% less than they did a year ago.

Summary: The median home sold price in 29576 was $378,791 in October 2024, down 0.9% from last year, and the median price per square foot was $229.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $247.5K$239K
-3.4%
2 $270K$288K
+6.7%
3 $370K$362.7K
-2.0%
4 $544.5K$565K
+3.7%
5+ $862K$890K
+3.2%

Summary: 29576 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.4%, 2 bedroom homes increased by 6.7%, 3 bedroom homes decreased by 2%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes increased by 3.2%.

Median Sold Price Compared To Nearby Zip Codes

29575
+13.4%
29585
+5.2%
29588
+3.4%
29576
-0.9%
29527
-1.8%

Housing Supply in 29576, SC

How many homes are available in 29576, SC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
427467+9.4%

Summary: The 29576 real estate market had 467 homes for sale in October 2024, a 9.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 2227
+22.7%
2 6774
+10.4%
3 230253
+10.0%
4 6160
-1.6%
5+ 4753
+12.8%

Summary: The 29576 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 22.7%, 2 bedroom homes increased by 10.4%, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes increased by 12.8%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
7871-9.0%

Asking Price vs. Sold Price

54 Homes Were Sold
Under Asking

17 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29576, you may be able to get a good deal. 76.1% of homes here sold below asking price last month.

Summary: A total of 71 homes were sold or pending in 29576 in October 2024, down by 9.0% month-over-month. Of the 71 sold homes, 76% were sold under asking, 24% were sold at asking, and 0% were sold over asking.

Days on Market for 29576, SC

How long does it take to sell a home in 29576, SC?

Average Sale Time

Oct 2023Oct 2024CHANGE
78 Days103 Days+32.9%

Summary: Homes in 29576 had an average of 103 days on market in Oct 2024, up by 32.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

42 Homes Were Sold
In 30 - 90 Days

27 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 29576 has remained consistent over time.

Summary: During October 2024, 71 homes were sold in 29576; 1% of homes were sold within 30 days, 59% of homes were sold within 30 to 90 days, and 38% 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 29576, SC

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