Is 29704, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29704 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 29704 was a Buyer's Market.

Key Takeaway

29704 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 29704, SC

How much do homes in 29704, SC cost?

Median Sold Price

$289,950

$174/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$5,050(-1.7%)

Key Takeaway

Homes in 29704 have sold for 1.7% less than they did a month ago.

Summary: The median home sold price in 29704 was $289,950 in November 2024, down 1.7% from last month, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $295K$241K
-18.3%
4 -$384.4K
N/A
5+ --
N/A

Summary: 29704 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 did not change, 3 bedroom homes decreased by 18.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 29704, SC

How many homes are available in 29704, SC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
78+14.3%

Summary: The 29704 real estate market had 8 homes for sale in November 2024, a 14.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 55
0.0%
4 23
+50.0%
5+ 00
0.0%

Summary: The 29704 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 remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29704, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in 29704 in November 2024, up by 300.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.

Days on Market for 29704, SC

How long does it take to sell a home in 29704, SC?

Average Sale Time

Oct 2024Nov 2024CHANGE
6 Days17 Days+183.3%

Summary: Homes in 29704 had an average of 17 days on market in Nov 2024, up by 183.3% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 29704 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 4 homes were sold in 29704; 75% of homes were sold within 30 days, 25% 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 29704, SC

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