Is 29611, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29611 is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 29611 was a Buyer's Market.

Key Takeaway

29611 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 29611, SC

How much do homes in 29611, SC cost?

Median Sold Price

$260,000

$163/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$16,750(+6.9%)

Key Takeaway

Homes in 29611 have sold for 6.9% more than they did a year ago.

Summary: The median home sold price in 29611 was $260,000 in October 2024, up 6.9% from last year, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $118K-
N/A
2 $160K$198K
+23.8%
3 $249.9K$260.9K
+4.4%
4 $316.9K$373K
+17.7%
5+ $534.5K$545K
+2.0%

Summary: 29611 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 23.8%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 17.7%, and 5+ bedroom homes increased by 2%.

Median Sold Price Compared To Nearby Zip Codes

29611
+6.9%
29605
+3.2%

Housing Supply in 29611, SC

How many homes are available in 29611, SC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1261260.0%

Summary: The 29611 real estate market had 126 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 44
0.0%
2 2930
+3.4%
3 6866
-2.9%
4 2324
+4.3%
5+ 22
0.0%

Summary: The 29611 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 3.4%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2527+8.0%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29611, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.

Summary: A total of 27 homes were sold or pending in 29611 in October 2024, up by 8.0% month-over-month. Of the 27 sold homes, 44% were sold under asking, 22% were sold at asking, and 33% were sold over asking.

Days on Market for 29611, SC

How long does it take to sell a home in 29611, SC?

Average Sale Time

Oct 2023Oct 2024CHANGE
31 Days35 Days+11.4%

Summary: Homes in 29611 had an average of 35 days on market in Oct 2024, up by 11.4% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 29611 has remained consistent over time.

Summary: During October 2024, 27 homes were sold in 29611; 7% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% 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 29611, SC

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