Is 29662, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29662 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 29662 was a Seller's Market.

Key Takeaway

29662 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 29662, SC

How much do homes in 29662, SC cost?

Median Sold Price

$263,950

$200/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$19,300(-6.8%)

Key Takeaway

Homes in 29662 have sold for 6.8% less than they did a month ago.

Summary: The median home sold price in 29662 was $263,950 in October 2024, down 6.8% from last month, and the median price per square foot was $200.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $220K$185K
-15.9%
3 $285K$287K
+0.7%
4 $309.5K$302.4K
-2.3%
5+ --
N/A

Summary: 29662 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 15.9%, 3 bedroom homes increased by 0.7%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

29680
+8.2%
29662
-6.8%

Housing Supply in 29662, SC

How many homes are available in 29662, SC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6171+16.4%

Summary: The 29662 real estate market had 71 homes for sale in October 2024, a 16.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1110
-9.1%
3 3135
+12.9%
4 1824
+33.3%
5+ 12
+100.0%

Summary: The 29662 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 decreased by 9.1%, 3 bedroom homes increased by 12.9%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12120.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29662, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in 29662 in October 2024, the same as the previous month. Of the 10 sold homes, 50% were sold under asking, 40% were sold at asking, and 10% were sold over asking.

Days on Market for 29662, SC

How long does it take to sell a home in 29662, SC?

Average Sale Time

Sep 2024Oct 2024CHANGE
10 Days25 Days+155.0%

Summary: Homes in 29662 had an average of 25 days on market in Oct 2024, up by 155% compared to last month.

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 29662 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 12 homes were sold in 29662; 8% of homes were sold within 30 days, 8% 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 29662, SC

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