Is 29708, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29708 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 29708 has remained a Seller's Market.

Key Takeaway

29708 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 29708, SC

How much do homes in 29708, SC cost?

Median Sold Price

$505,916

$225/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$15,078(+3.1%)

Key Takeaway

Homes in 29708 have sold for 3.1% more than they did a year ago.

Summary: The median home sold price in 29708 was $505,916 in October 2024, up 3.1% from last year, and the median price per square foot was $225.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $275K$140K
-49.1%
2 $355K$354.5K
-0.1%
3 $413K$420.3K
+1.8%
4 $585K$620K
+6.0%
5+ $726.5K$770K
+6.0%

Summary: 29708 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 49.1%, 2 bedroom homes decreased by 0.1%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 6%.

Median Sold Price Compared To Nearby Zip Codes

29715
+9.0%
29732
+7.6%
28273
+4.7%
29708
+3.1%
28278
-0.2%

Housing Supply in 29708, SC

How many homes are available in 29708, SC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
179177-1.1%

Summary: The 29708 real estate market had 177 homes for sale in October 2024, a 1.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 913
+44.4%
3 7570
-6.7%
4 6757
-14.9%
5+ 2737
+37.0%

Summary: The 29708 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 44.4%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes decreased by 14.9%, and 5+ bedroom homes increased by 37%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
5438-29.6%

Asking Price vs. Sold Price

26 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29708, you may be able to get a good deal. 68.4% of homes here sold below asking price last month.

Summary: A total of 38 homes were sold or pending in 29708 in October 2024, down by 29.6% month-over-month. Of the 38 sold homes, 68% were sold under asking, 18% were sold at asking, and 13% were sold over asking.

Days on Market for 29708, SC

How long does it take to sell a home in 29708, SC?

Average Sale Time

Oct 2023Oct 2024CHANGE
20 Days28 Days+36.1%

Summary: Homes in 29708 had an average of 28 days on market in Oct 2024, up by 36.1% compared to last year.

Breakdown of Home Sale Times

24 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 29708 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 38 homes were sold in 29708; 63% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 3% 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 14 Days Ago

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