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 4 Days Ago

Newest Listings in 29605, SC

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