Is 29605, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29605 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 29605 was a Buyer's Market.

Key Takeaway

29605 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 29605, SC

How much do homes in 29605, SC cost?

Median Sold Price

$354,900

$146/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$11,150(+3.2%)

Key Takeaway

Homes in 29605 have sold for 3.2% more than they did a year ago.

Summary: The median home sold price in 29605 was $354,900 in October 2024, up 3.2% from last year, and the median price per square foot was $146.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$360K
N/A
2 $210K$250K
+19.0%
3 $268.9K$309.9K
+15.2%
4 $361.9K$349.4K
-3.5%
5+ $439.9K$449.4K
+2.2%

Summary: 29605 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 19%, 3 bedroom homes increased by 15.2%, 4 bedroom homes decreased by 3.5%, and 5+ bedroom homes increased by 2.2%.

Median Sold Price Compared To Nearby Zip Codes

29607
+11.5%
29611
+6.9%
29605
+3.2%
29673
-0.7%

Housing Supply in 29605, SC

How many homes are available in 29605, SC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
233237+1.7%

Summary: The 29605 real estate market had 237 homes for sale in October 2024, a 1.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 44
0.0%
2 4453
+20.5%
3 109112
+2.8%
4 5055
+10.0%
5+ 2613
-50.0%

Summary: The 29605 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 20.5%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4836-25.0%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29605, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.

Summary: A total of 36 homes were sold or pending in 29605 in October 2024, down by 25.0% month-over-month. Of the 33 sold homes, 45% were sold under asking, 36% were sold at asking, and 18% were sold over asking.

Days on Market for 29605, SC

How long does it take to sell a home in 29605, SC?

Average Sale Time

Oct 2023Oct 2024CHANGE
28 Days68 Days+142.9%

Summary: Homes in 29605 had an average of 68 days on market in Oct 2024, up by 142.9% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 29605 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 36 homes were sold in 29605; 6% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 3% 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 23 Days Ago

Newest Listings in 29605, SC

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