Is 29702, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29702 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 29702 was a Seller's Market.

Key Takeaway

29702 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 29702, SC

How much do homes in 29702, SC cost?

Median Sold Price

$207,500

$161/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$4,300(+2.1%)

Key Takeaway

Homes in 29702 have sold for 2.1% more than they did a year ago.

Summary: The median home sold price in 29702 was $207,500 in November 2024, up 2.1% from last year, and the median price per square foot was $161.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$150K
N/A
2 $135K$172.4K
+27.7%
3 $221K$221.4K
0.2%
4 $249.9K$190K
-24.0%
5+ $115K$383K
+233.0%

Summary: 29702 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 27.7%, 3 bedroom homes increased by 0.2%, 4 bedroom homes decreased by 24%, and 5+ bedroom homes increased by 233%.

Median Sold Price Compared To Nearby Zip Codes

29340
+9.7%
29702
+2.1%

Housing Supply in 29702, SC

How many homes are available in 29702, SC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1816-11.1%

Summary: The 29702 real estate market had 16 homes for sale in November 2024, a 11.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 45
+25.0%
3 108
-20.0%
4 22
0.0%
5+ 10
-100.0%

Summary: The 29702 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 25%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

2 Homes Were 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 29702, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 29702 in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 29702, SC

How long does it take to sell a home in 29702, SC?

Average Sale Time

Nov 2023Nov 2024CHANGE
7 Days65 Days+747.8%

Summary: Homes in 29702 had an average of 65 days on market in Nov 2024, up by 747.8% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 29702 has remained consistent over time.

Summary: During November 2024, 2 homes were sold in 29702; 0% of homes were sold within 30 days, 100% 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 29702, SC

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