Is 29678, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29678 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 29678 has remained a Seller's Market.

Key Takeaway

29678 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 29678, SC

How much do homes in 29678, SC cost?

Median Sold Price

$300,000

$169/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$52,333(+21.1%)

Key Takeaway

Homes in 29678 have sold for 21.1% more than they did a year ago.

Summary: The median home sold price in 29678 was $300,000 in October 2024, up 21.1% from last year, and the median price per square foot was $169.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $292.1K$183.5K
-37.2%
2 $155K$189K
+21.9%
3 $248.5K$277K
+11.5%
4 $300.5K$408.5K
+35.9%
5+ $344.9K$414.5K
+20.2%

Summary: 29678 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 37.2%, 2 bedroom homes increased by 21.9%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 35.9%, and 5+ bedroom homes increased by 20.2%.

Median Sold Price Compared To Nearby Zip Codes

29689
+34.9%
29631
+22.3%
29678
+21.1%
29672
+11.8%
29643
-3.9%

Housing Supply in 29678, SC

How many homes are available in 29678, SC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
137151+10.2%

Summary: The 29678 real estate market had 151 homes for sale in October 2024, a 10.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 44
0.0%
2 1717
0.0%
3 6068
+13.3%
4 3436
+5.9%
5+ 2226
+18.2%

Summary: The 29678 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 remained the same, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 18.2%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2130+42.9%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29678, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 30 homes were sold or pending in 29678 in October 2024, up by 42.9% month-over-month. Of the 30 sold homes, 67% were sold under asking, 27% were sold at asking, and 7% were sold over asking.

Days on Market for 29678, SC

How long does it take to sell a home in 29678, SC?

Average Sale Time

Oct 2023Oct 2024CHANGE
40 Days85 Days+109.5%

Summary: Homes in 29678 had an average of 85 days on market in Oct 2024, up by 109.5% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 29678 has remained consistent over time.

Summary: During October 2024, 30 homes were sold in 29678; 13% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 20% 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 14 Days Ago

Newest Listings in 29678, SC

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