Is 29617, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29617 is a neutral's market

Buyer's
Market

Difference Since Last Month

Since last month, 29617 has remained a Neutral Market.

Key Takeaway

29617 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 29617, SC

How much do homes in 29617, SC cost?

Median Sold Price

$291,000

-

Based on all homes sold in December 2024.

Difference Since Last Month

+$61,000(+26.5%)

Key Takeaway

Homes in 29617 have sold for 26.5% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $181.5K$182K
0.3%
3 $237K$293K
+23.6%
4 $227.5K$435K
+91.2%
5+ $648.9K$450K
-30.7%

Summary: 29617 housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.3%, 3 bedroom homes increased by 23.6%, 4 bedroom homes increased by 91.2%, and 5+ bedroom homes decreased by 30.7%.

Median Sold Price Compared To Nearby Zip Codes

29617
+26.5%
29690
+23.6%
29609
+8.0%

Housing Supply in 29617, SC

How many homes are available in 29617, SC?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
100112+12.0%

Summary: The 29617 real estate market had 112 homes for sale in December 2024, a 12.0% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 1315
+15.4%
3 5966
+11.9%
4 1719
+11.8%
5+ 1011
+10.0%

Summary: The 29617 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 15.4%, 3 bedroom homes increased by 11.9%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes increased by 10%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
1518+20.0%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29617, you may be able to get a good deal. 58.8% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in 29617 in December 2024, up by 20.0% month-over-month. Of the 17 sold homes, 59% were sold under asking, 24% were sold at asking, and 18% were sold over asking.

Days on Market for 29617, 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 6 Days Ago

Newest Listings in 29617, SC

Nearby Markets to 29617, SC