Is 29671, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29671 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 29671 has remained a Seller's Market.

Key Takeaway

29671 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 29671, SC

How much do homes in 29671, SC cost?

Median Sold Price

$299,999

$187/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$32,999(+12.4%)

Key Takeaway

Homes in 29671 have sold for 12.4% more than they did a year ago.

Summary: The median home sold price in 29671 was $299,999 in November 2024, up 12.4% from last year, and the median price per square foot was $187.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $90K$342.5K
+280.6%
2 $185.2K$200K
+8.0%
3 $284.9K$285K
0.0%
4 $319.9K$426K
+33.2%
5+ $479.4K$397.5K
-17.1%

Summary: 29671 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 280.6%, 2 bedroom homes increased by 8%, 3 bedroom homes did not change, 4 bedroom homes increased by 33.2%, and 5+ bedroom homes decreased by 17.1%.

Median Sold Price Compared To Nearby Zip Codes

29682
+37.2%
29657
+13.9%
29671
+12.4%
29685
-1.7%
29640
-4.1%

Housing Supply in 29671, SC

How many homes are available in 29671, SC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
9384-9.7%

Summary: The 29671 real estate market had 84 homes for sale in November 2024, a 9.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1013
+30.0%
3 5145
-11.8%
4 2218
-18.2%
5+ 108
-20.0%

Summary: The 29671 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 30%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
21210.0%

Asking Price vs. Sold Price

13 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 29671, you may be able to get a good deal. 72.2% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in 29671 in November 2024, the same as the previous month. Of the 18 sold homes, 72% were sold under asking, 22% were sold at asking, and 6% were sold over asking.

Days on Market for 29671, SC

How long does it take to sell a home in 29671, SC?

Average Sale Time

Nov 2023Nov 2024CHANGE
48 Days96 Days+101.2%

Summary: Homes in 29671 had an average of 96 days on market in Nov 2024, up by 101.2% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 29671 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 21 homes were sold in 29671; 10% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 24% 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 29671, SC

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