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

Last month, 29620 was a Seller'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

$322,500

-

Based on all homes sold in October 2024.

Difference Since Last Month

+$156,500(+94.3%)

Key Takeaway

Homes in 29620 have sold for 94.3% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $154K$400K
+159.7%
3 $166K$245K
+47.6%
4 $402.5K-
N/A
5+ $192.5K-
N/A

Summary: 29620 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 159.7%, 3 bedroom homes increased by 47.6%, 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

Sep 2024Oct 2024CHANGE
2823-17.9%

Summary: The 29620 real estate market had 23 homes for sale in October 2024, a 17.9% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 54
-20.0%
3 1513
-13.3%
4 43
-25.0%
5+ 32
-33.3%

Summary: The 29620 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 decreased by 20%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
72-71.4%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were 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. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 29620 in October 2024, down by 71.4% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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

Sep 2024Oct 2024CHANGE
59 Days79 Days+33.1%

Summary: Homes in 29620 had an average of 79 days on market in Oct 2024, up by 33.1% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 29620 has remained consistent over time.

Summary: During October 2024, 2 homes were sold in 29620; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 29620, SC

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