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 October 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

$550,000

$248/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$22,500(-3.9%)

Key Takeaway

Homes in 29643 have sold for 3.9% less than they did a year ago.

Summary: The median home sold price in 29643 was $550,000 in October 2024, down 3.9% from last year, and the median price per square foot was $248.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $112.5K$175K
+55.6%
2 $490K$146K
-70.2%
3 $497K$425K
-14.5%
4 $709.6K$594.5K
-16.2%
5+ $940K$1.2M
+37.0%

Summary: 29643 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 55.6%, 2 bedroom homes decreased by 70.2%, 3 bedroom homes decreased by 14.5%, 4 bedroom homes decreased by 16.2%, and 5+ bedroom homes increased by 37%.

Median Sold Price Compared To Nearby Zip Codes

29689
+34.9%
29678
+21.1%
30553
+20.7%
29693
+4.4%
29643
-3.9%

Housing Supply in 29643, SC

How many homes are available in 29643, SC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2420-16.7%

Summary: The 29643 real estate market had 20 homes for sale in October 2024, a 16.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 45
+25.0%
3 1010
0.0%
4 32
-33.3%
5+ 73
-57.1%

Summary: The 29643 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 increased by 25%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 57.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
92-77.8%

Asking Price vs. Sold Price

1 Home Was 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 29643, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 29643 in October 2024, down by 77.8% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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

Oct 2023Oct 2024CHANGE
98 Days29 Days-70.5%

Summary: Homes in 29643 had an average of 29 days on market in Oct 2024, down by 70.5% 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 October 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 14 Days Ago

Newest Listings in 29643, SC

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