$8,894 Closing Credit*
$749,000
2,815 SqFt
4 Beds
•3 Full Baths
Listing Office: Coastal Tides Realty
Is 29588, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 29588 has remained a Seller's Market.
Key Takeaway
29588 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 29588, SC
How much do homes in 29588, SC cost?
Median Sold Price
$317,635
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$9,862(+3.2%)
Key Takeaway
Homes in 29588 have sold for 3.2% more than they did a year ago.
Summary: The median home sold price in 29588 was $317,635 in November 2024, up 3.2% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $127.7K | $130K | +1.8% |
| 2 Bedrooms | $221K | $215K | -2.7% |
| 3 Bedrooms | $300K | $309.9K | +3.3% |
| 4 Bedrooms | $362.5K | $377.5K | +4.1% |
| 5+ Bedrooms | $420K | $407.5K | -3.0% |
Summary: 29588 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.8%, 2 bedroom homes decreased by 2.7%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes decreased by 3%.
Housing Supply in 29588, SC
How many homes are available in 29588, SC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 427 | 427 | 0.0% |
Summary: The 29588 real estate market had 427 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 20 | 19 | -5.0% |
| 2 Bedrooms | 55 | 59 | +7.3% |
| 3 Bedrooms | 232 | 233 | 0.4% |
| 4 Bedrooms | 95 | 94 | -1.1% |
| 5+ Bedrooms | 25 | 22 | -12.0% |
Summary: The 29588 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 5%, 2 bedroom homes increased by 7.3%, 3 bedroom homes increased by 0.4%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes decreased by 12%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 64 | 75 | +17.2% |
Asking Price vs. Sold Price
60 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 29588, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 75 homes were sold or pending in 29588 in November 2024, up by 17.2% month-over-month. Of the 75 sold homes, 80% were sold under asking, 13% were sold at asking, and 7% were sold over asking.
Days on Market for 29588, SC
How long does it take to sell a home in 29588, SC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 90 Days | 105 Days | +16.1% |
Summary: Homes in 29588 had an average of 105 days on market in Nov 2024, up by 16.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
36 Homes Were Sold
In 30 - 90 Days
38 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 29588 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 75 homes were sold in 29588; 1% of homes were sold within 30 days, 48% of homes were sold within 30 to 90 days, and 51% of homes were sold over 90 days.
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