Is 29615, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29615 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 29615 was a Neutral Market.

Key Takeaway

29615 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 29615, SC

How much do homes in 29615, SC cost?

Median Sold Price

$460,000

$134/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$27,500(-5.6%)

Key Takeaway

Homes in 29615 have sold for 5.6% less than they did a month ago.

Summary: The median home sold price in 29615 was $460,000 in November 2024, down 5.6% from last month, and the median price per square foot was $134.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $334K$240K
-28.1%
3 $377K$460K
+22.0%
4 $690K$511.2K
-25.9%
5+ $697.5K$830K
+19.0%

Summary: 29615 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 28.1%, 3 bedroom homes increased by 22%, 4 bedroom homes decreased by 25.9%, and 5+ bedroom homes increased by 19%.

Median Sold Price Compared To Nearby Zip Codes

29609
0.4%
29615
-5.6%

Housing Supply in 29615, SC

How many homes are available in 29615, SC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
170184+8.2%

Summary: The 29615 real estate market had 184 homes for sale in November 2024, a 8.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 34
+33.3%
2 1625
+56.3%
3 7585
+13.3%
4 6358
-7.9%
5+ 1312
-7.7%

Summary: The 29615 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 56.3%, 3 bedroom homes increased by 13.3%, 4 bedroom homes decreased by 7.9%, and 5+ bedroom homes decreased by 7.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2833+17.9%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29615, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 33 homes were sold or pending in 29615 in November 2024, up by 17.9% month-over-month. Of the 33 sold homes, 67% were sold under asking, 15% were sold at asking, and 18% were sold over asking.

Days on Market for 29615, SC

How long does it take to sell a home in 29615, SC?

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 29615 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 33 homes were sold in 29615; 9% of homes were sold within 30 days, 0% 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 17 Days Ago

Newest Listings in 29615, SC

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