Is 29643, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29643 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 29643 was a Seller's Market.

Key Takeaway

29643 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 29643, SC

How much do homes in 29643, SC cost?

Median Sold Price

$510,000

$248/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$101,250(-16.6%)

Key Takeaway

Homes in 29643 have sold for 16.6% less than they did a year ago.

Summary: The median home sold price in 29643 was $510,000 in November 2024, down 16.6% from last year, and the median price per square foot was $248.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $112.5K$175K
+55.6%
2 $490K$245K
-50.0%
3 $490K$425K
-13.3%
4 $709.6K$594.5K
-16.2%
5+ $985K$1.2M
+25.4%

Summary: 29643 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 55.6%, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes decreased by 16.2%, and 5+ bedroom homes increased by 25.4%.

Median Sold Price Compared To Nearby Zip Codes

30553
+27.3%
29689
+24.7%
29678
+18.3%
29693
-1.2%
29643
-16.6%

Housing Supply in 29643, SC

How many homes are available in 29643, SC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2021+5.0%

Summary: The 29643 real estate market had 21 homes for sale in November 2024, a 5.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 55
0.0%
3 109
-10.0%
4 23
+50.0%
5+ 34
+33.3%

Summary: The 29643 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 remained the same, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
32-33.3%

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 29643, 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 29643 in November 2024, down by 33.3% 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 29643, SC

How long does it take to sell a home in 29643, SC?

Average Sale Time

Nov 2023Nov 2024CHANGE
35 Days25 Days-28.4%

Summary: Homes in 29643 had an average of 25 days on market in Nov 2024, down by 28.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 29643 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in 29643; 50% of homes were sold within 30 days, 50% 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 29643, SC

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