$4,394 Closing Credit*
$370,000
1,514 SqFt
3 Beds
•3 Full Baths
Listing Office: RE/MAX Southern Shores
Is 29582, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 29582 was a Seller's Market.
Key Takeaway
29582 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 29582, SC
How much do homes in 29582, SC cost?
Median Sold Price
$404,177
$298/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$14,185(+3.6%)
Key Takeaway
Homes in 29582 have sold for 3.6% more than they did a year ago.
Summary: The median home sold price in 29582 was $404,177 in November 2024, up 3.6% from last year, and the median price per square foot was $298.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $238.8K | $209.2K | -12.4% |
| 2 Bedrooms | $275K | $275K | 0.0% |
| 3 Bedrooms | $452.4K | $455K | +0.6% |
| 4 Bedrooms | $618K | $670K | +8.4% |
| 5+ Bedrooms | $859.9K | $919K | +6.9% |
Summary: 29582 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.4%, 2 bedroom homes did not change, 3 bedroom homes increased by 0.6%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes increased by 6.9%.
Housing Supply in 29582, SC
How many homes are available in 29582, SC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 939 | 951 | +1.3% |
Summary: The 29582 real estate market had 951 homes for sale in November 2024, a 1.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 103 | 98 | -4.9% |
| 2 Bedrooms | 309 | 315 | +1.9% |
| 3 Bedrooms | 321 | 324 | +0.9% |
| 4 Bedrooms | 135 | 139 | +3.0% |
| 5+ Bedrooms | 71 | 75 | +5.6% |
Summary: The 29582 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 4.9%, 2 bedroom homes increased by 1.9%, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 3%, and 5+ bedroom homes increased by 5.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 123 | 91 | -26.0% |
Asking Price vs. Sold Price
76 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 29582, you may be able to get a good deal. 83.5% of homes here sold below asking price last month.
Summary: A total of 91 homes were sold or pending in 29582 in November 2024, down by 26.0% month-over-month. Of the 91 sold homes, 84% were sold under asking, 13% were sold at asking, and 3% were sold over asking.
Days on Market for 29582, SC
How long does it take to sell a home in 29582, SC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 84 Days | 104 Days | +24.2% |
Summary: Homes in 29582 had an average of 104 days on market in Nov 2024, up by 24.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
41 Homes Were Sold
In 30 - 90 Days
46 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 29582 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 91 homes were sold in 29582; 4% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 51% of homes were sold over 90 days.
Listings courtesy of Canopy MLS as distributed by MLS GRID.
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