Is 29689, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29689 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 29689 was a Seller's Market.

Key Takeaway

29689 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 29689, SC

How much do homes in 29689, SC cost?

Median Sold Price

$492,500

$231/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$97,500(+24.7%)

Key Takeaway

Homes in 29689 have sold for 24.7% more than they did a year ago.

Summary: The median home sold price in 29689 was $492,500 in November 2024, up 24.7% from last year, and the median price per square foot was $231.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $129.9K$70K
-46.1%
2 $277.4K$570K
+105.4%
3 $359.9K$368.5K
+2.4%
4 $650K$705K
+8.5%
5+ $1.6M$837.4K
-47.7%

Summary: 29689 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 46.1%, 2 bedroom homes increased by 105.4%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes decreased by 47.7%.

Median Sold Price Compared To Nearby Zip Codes

29689
+24.7%
29678
+18.3%
29625
+5.7%
29626
+2.9%
29643
-16.6%

Housing Supply in 29689, SC

How many homes are available in 29689, SC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2319-17.4%

Summary: The 29689 real estate market had 19 homes for sale in November 2024, a 17.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 149
-35.7%
4 54
-20.0%
5+ 24
+100.0%

Summary: The 29689 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 remained the same, 3 bedroom homes decreased by 35.7%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
81-87.5%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29689, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 29689 in November 2024, down by 87.5% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 29689, SC

We’re sorry, we don't have information for this market at the moment

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 29689, SC

Nearby Markets to 29689, SC