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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29662 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 29662 has remained a Seller's Market.

Key Takeaway

29662 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 29662, SC

How much do homes in 29662, SC cost?

Median Sold Price

$300,000

$170/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$25,100(+9.1%)

Key Takeaway

Homes in 29662 have sold for 9.1% more than they did a year ago.

Summary: The median home sold price in 29662 was $300,000 in November 2024, up 9.1% from last year, and the median price per square foot was $170.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $179.2K$217.5K
+21.3%
3 $260K$300K
+15.4%
4 $332K$340K
+2.4%
5+ $443.5K$410K
-7.6%

Summary: 29662 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 21.3%, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes decreased by 7.6%.

Median Sold Price Compared To Nearby Zip Codes

29607
+12.9%
29662
+9.1%
29681
+5.9%

Housing Supply in 29662, SC

How many homes are available in 29662, SC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6677+16.7%

Summary: The 29662 real estate market had 77 homes for sale in November 2024, a 16.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 911
+22.2%
3 3236
+12.5%
4 2328
+21.7%
5+ 22
0.0%

Summary: The 29662 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 increased by 22.2%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 21.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1114+27.3%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were 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. 53.8% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in 29662 in November 2024, up by 27.3% month-over-month. Of the 13 sold homes, 54% were sold under asking, 23% were sold at asking, and 23% 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

Nov 2023Nov 2024CHANGE
42 Days8 Days-81.2%

Summary: Homes in 29662 had an average of 8 days on market in Nov 2024, down by 81.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were 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 November 2024, 14 homes were sold in 29662; 7% of homes were sold within 30 days, 0% 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 21 Days Ago

Newest Listings in 29662, SC

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