Is 29620, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29620 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 29620 has remained a Buyer's Market.

Key Takeaway

29620 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 29620, SC

How much do homes in 29620, SC cost?

Median Sold Price

$140,000

-

Based on all homes sold in December 2024.

Difference Since Last Month

-$82,450(-37.1%)

Key Takeaway

Homes in 29620 have sold for 37.1% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $215K-
N/A
3 $229.9K$140K
-39.1%
4 --
N/A
5+ --
N/A

Summary: 29620 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 did not change, 3 bedroom homes decreased by 39.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 29620, SC

How many homes are available in 29620, SC?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2225+13.6%

Summary: The 29620 real estate market had 25 homes for sale in December 2024, a 13.6% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 45
+25.0%
3 1214
+16.7%
4 34
+33.3%
5+ 21
-50.0%

Summary: The 29620 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 25%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29620, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 29620 in December 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for 29620, SC

How long does it take to sell a home in 29620, SC?

Average Sale Time

Nov 2024Dec 2024CHANGE
69 Days52 Days-23.9%

Summary: Homes in 29620 had an average of 52 days on market in Dec 2024, down by 23.9% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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 29620 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 3 homes were sold in 29620; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 29620, SC

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