Is 29690, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29690 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 29690 was a Neutral Market.

Key Takeaway

29690 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 29690, SC

How much do homes in 29690, SC cost?

Median Sold Price

$527,500

$195/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$77,500(+17.2%)

Key Takeaway

Homes in 29690 have sold for 17.2% more than they did a month ago.

Summary: The median home sold price in 29690 was $527,500 in November 2024, up 17.2% from last month, and the median price per square foot was $195.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $168.2K$260K
+54.6%
3 $370.2K$560K
+51.2%
4 $750K$550K
-26.7%
5+ --
N/A

Summary: 29690 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 54.6%, 3 bedroom homes increased by 51.2%, 4 bedroom homes decreased by 26.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

29661
+149.0%
29690
+17.2%

Housing Supply in 29690, SC

How many homes are available in 29690, SC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
160168+5.0%

Summary: The 29690 real estate market had 168 homes for sale in November 2024, a 5.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1011
+10.0%
3 7273
+1.4%
4 6973
+5.8%
5+ 911
+22.2%

Summary: The 29690 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 10%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes increased by 22.2%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2319-17.4%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29690, you may be able to get a good deal. 41.2% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in 29690 in November 2024, down by 17.4% month-over-month. Of the 17 sold homes, 41% were sold under asking, 24% were sold at asking, and 35% were sold over asking.

Days on Market for 29690, SC

How long does it take to sell a home in 29690, SC?

Average Sale Time

Oct 2024Nov 2024CHANGE
28 Days13 Days-53.6%

Summary: Homes in 29690 had an average of 13 days on market in Nov 2024, down by 53.6% compared to last month.

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 29690 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 19 homes were sold in 29690; 5% 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 29690, SC

Nearby Markets to 29690, SC