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 November 2023

Since last year, 29650 has remained a Seller'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

$341,883

$171/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$11,883(+3.6%)

Key Takeaway

Homes in 29650 have sold for 3.6% more than they did a year ago.

Summary: The median home sold price in 29650 was $341,883 in November 2024, up 3.6% from last year, and the median price per square foot was $171.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $202.5K$220.5K
+8.9%
3 $301.7K$309.4K
+2.6%
4 $415K$440K
+6.0%
5+ $405.9K$690K
+70.0%

Summary: 29650 housing prices by bedroom type for November 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 2.6%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 70%.

Median Sold Price Compared To Nearby Zip Codes

29687
+13.3%
29651
+6.8%
29650
+3.6%

Housing Supply in 29650, SC

How many homes are available in 29650, SC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
205196-4.4%

Summary: The 29650 real estate market had 196 homes for sale in November 2024, a 4.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 2625
-3.8%
3 102102
0.0%
4 6254
-12.9%
5+ 1515
0.0%

Summary: The 29650 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 3.8%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 12.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4144+7.3%

Asking Price vs. Sold Price

25 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

6 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. 59.5% of homes here sold below asking price last month.

Summary: A total of 44 homes were sold or pending in 29650 in November 2024, up by 7.3% month-over-month. Of the 42 sold homes, 60% were sold under asking, 26% were sold at asking, and 14% 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

Nov 2023Nov 2024CHANGE
44 Days57 Days+29.6%

Summary: Homes in 29650 had an average of 57 days on market in Nov 2024, up by 29.6% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

4 Homes Were 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 29650 has remained consistent over time.

Summary: During November 2024, 44 homes were sold in 29650; 5% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 2% 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

Newest Listings in 29650, SC

Nearby Markets to 29650, SC