Is 29650, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29650 is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 29650 was a Buyer's Market.

Key Takeaway

29650 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 29650, SC

How much do homes in 29650, SC cost?

Median Sold Price

$341,433

$172/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$11,433(+3.5%)

Key Takeaway

Homes in 29650 have sold for 3.5% more than they did a year ago.

Summary: The median home sold price in 29650 was $341,433 in October 2024, up 3.5% from last year, and the median price per square foot was $172.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $202.5K$220.5K
+8.9%
3 $307K$315.9K
+2.9%
4 $380K$433K
+13.9%
5+ $422.9K$615K
+45.4%

Summary: 29650 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.9%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 13.9%, and 5+ bedroom homes increased by 45.4%.

Median Sold Price Compared To Nearby Zip Codes

29687
+16.3%
29651
+10.8%
29650
+3.5%

Housing Supply in 29650, SC

How many homes are available in 29650, SC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
192207+7.8%

Summary: The 29650 real estate market had 207 homes for sale in October 2024, a 7.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 2529
+16.0%
3 95102
+7.4%
4 5561
+10.9%
5+ 1715
-11.8%

Summary: The 29650 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 16%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 10.9%, and 5+ bedroom homes decreased by 11.8%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3439+14.7%

Asking Price vs. Sold Price

26 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29650, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 39 homes were sold or pending in 29650 in October 2024, up by 14.7% month-over-month. Of the 39 sold homes, 67% were sold under asking, 21% were sold at asking, and 13% were sold over asking.

Days on Market for 29650, SC

How long does it take to sell a home in 29650, SC?

Average Sale Time

Oct 2023Oct 2024CHANGE
16 Days41 Days+155.4%

Summary: Homes in 29650 had an average of 41 days on market in Oct 2024, up by 155.4% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 29650 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 39 homes were sold in 29650; 10% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 3% 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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