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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29704 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 29704 was a Seller's Market.

Key Takeaway

29704 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 29704, SC

How much do homes in 29704, SC cost?

Median Sold Price

$352,500

$212/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$47,500(+15.6%)

Key Takeaway

Homes in 29704 have sold for 15.6% more than they did a year ago.

Summary: The median home sold price in 29704 was $352,500 in October 2024, up 15.6% from last year, and the median price per square foot was $212.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 -$282.4K
N/A
3 $300K$361.5K
+20.5%
4 $366.9K$537.5K
+46.5%
5+ --
N/A

Summary: 29704 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 20.5%, 4 bedroom homes increased by 46.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

29704
+15.6%
29730
+5.3%
29720
+4.0%
29714
+1.1%

Housing Supply in 29704, SC

How many homes are available in 29704, SC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
108-20.0%

Summary: The 29704 real estate market had 8 homes for sale in October 2024, a 20.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 66
0.0%
4 21
-50.0%
5+ 00
0.0%

Summary: The 29704 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 decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were 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. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in 29704 in October 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% 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 2023Oct 2024CHANGE
20 Days6 Days-70.0%

Summary: Homes in 29704 had an average of 6 days on market in Oct 2024, down by 70% compared to last year.

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

Summary: During October 2024, 1 homes were sold in 29704; 100% 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 20 Days Ago

Newest Listings in 29704, SC

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