Is 29609, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29609 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 29609 was a Seller's Market.

Key Takeaway

29609 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 29609, SC

How much do homes in 29609, SC cost?

Median Sold Price

$368,000

-

Based on all homes sold in November 2024.

Difference Since Last Month

+$1,500(+0.4%)

Key Takeaway

The sold price of homes in 29609 has remained the same since last month.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 -$375K
N/A
2 $305K$220K
-27.9%
3 $325K$315K
-3.1%
4 $538.5K$590K
+9.6%
5+ $782K$1.9M
+153.2%

Summary: 29609 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 27.9%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes increased by 153.2%.

Median Sold Price Compared To Nearby Zip Codes

29601
+22.3%
29609
0.4%
29617
-26.7%

Housing Supply in 29609, SC

How many homes are available in 29609, SC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
143156+9.1%

Summary: The 29609 real estate market had 156 homes for sale in November 2024, a 9.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 2425
+4.2%
3 7883
+6.4%
4 3538
+8.6%
5+ 59
+80.0%

Summary: The 29609 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 4.2%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes increased by 80%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3324-27.3%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29609, you may be able to get a good deal. 52.2% of homes here sold below asking price last month.

Summary: A total of 24 homes were sold or pending in 29609 in November 2024, down by 27.3% month-over-month. Of the 23 sold homes, 52% were sold under asking, 26% were sold at asking, and 22% were sold over asking.

Days on Market for 29609, SC

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in 29609, SC

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