$7,458 Closing Credit*
$628,000
2,106 SqFt
3 Beds
•2 Full Baths
Listing Office: RE/MAX Executive
Is 29585, 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, 29585 was a Seller's Market.
Key Takeaway
29585 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 29585, SC
How much do homes in 29585, SC cost?
Median Sold Price
$518,500
$280/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$25,411(+5.2%)
Key Takeaway
Homes in 29585 have sold for 5.2% more than they did a year ago.
Summary: The median home sold price in 29585 was $518,500 in October 2024, up 5.2% from last year, and the median price per square foot was $280.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $285K | $236K | -17.2% |
| 2 Bedrooms | $287.4K | $306.2K | +6.5% |
| 3 Bedrooms | $460K | $480K | +4.3% |
| 4 Bedrooms | $703.5K | $745K | +5.9% |
| 5+ Bedrooms | $1.1M | $1.3M | +21.0% |
Summary: 29585 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.2%, 2 bedroom homes increased by 6.5%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 21%.
Housing Supply in 29585, SC
How many homes are available in 29585, SC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 274 | 281 | +2.6% |
Summary: The 29585 real estate market had 281 homes for sale in October 2024, a 2.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 17 | 17 | 0.0% |
| 2 Bedrooms | 36 | 40 | +11.1% |
| 3 Bedrooms | 133 | 137 | +3.0% |
| 4 Bedrooms | 55 | 59 | +7.3% |
| 5+ Bedrooms | 33 | 28 | -15.2% |
Summary: The 29585 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 11.1%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes decreased by 15.2%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 36 | 41 | +13.9% |
Asking Price vs. Sold Price
29 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 29585, you may be able to get a good deal. 70.7% of homes here sold below asking price last month.
Summary: A total of 41 homes were sold or pending in 29585 in October 2024, up by 13.9% month-over-month. Of the 41 sold homes, 71% were sold under asking, 17% were sold at asking, and 12% were sold over asking.
Days on Market for 29585, SC
How long does it take to sell a home in 29585, SC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 84 Days | 83 Days | -1.8% |
Summary: Homes in 29585 had an average of 83 days on market in Oct 2024, down by 1.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
26 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 29585 has remained consistent over time.
Summary: During October 2024, 41 homes were sold in 29585; 7% of homes were sold within 30 days, 63% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
