Is 29625, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29625 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 29625 was a Seller's Market.

Key Takeaway

29625 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 29625, SC

How much do homes in 29625, SC cost?

Median Sold Price

$270,000

$165/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$14,606(+5.7%)

Key Takeaway

Homes in 29625 have sold for 5.7% more than they did a year ago.

Summary: The median home sold price in 29625 was $270,000 in November 2024, up 5.7% from last year, and the median price per square foot was $165.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $101K$162.4K
+60.8%
2 $149.7K$159.9K
+6.8%
3 $254.9K$267.5K
+4.9%
4 $318.7K$370K
+16.1%
5+ $331.9K$457.5K
+37.8%

Summary: 29625 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 60.8%, 2 bedroom homes increased by 6.8%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 16.1%, and 5+ bedroom homes increased by 37.8%.

Median Sold Price Compared To Nearby Zip Codes

29689
+24.7%
29625
+5.7%
29621
+3.9%
29626
+2.9%
29670
-1.3%

Housing Supply in 29625, SC

How many homes are available in 29625, SC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1851850.0%

Summary: The 29625 real estate market had 185 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 3328
-15.2%
3 96101
+5.2%
4 3538
+8.6%
5+ 2017
-15.0%

Summary: The 29625 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 15.2%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes decreased by 15%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
30300.0%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29625, you may be able to get a good deal. 51.7% of homes here sold below asking price last month.

Summary: A total of 30 homes were sold or pending in 29625 in November 2024, the same as the previous month. Of the 29 sold homes, 52% were sold under asking, 41% were sold at asking, and 7% were sold over asking.

Days on Market for 29625, SC

How long does it take to sell a home in 29625, SC?

Average Sale Time

Nov 2023Nov 2024CHANGE
47 Days74 Days+58.9%

Summary: Homes in 29625 had an average of 74 days on market in Nov 2024, up by 58.9% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 29625 has remained consistent over time.

Summary: During November 2024, 30 homes were sold in 29625; 17% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% 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 22 Days Ago

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