Is 29745, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29745 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 29745 has remained a Seller's Market.

Key Takeaway

29745 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 29745, SC

How much do homes in 29745, SC cost?

Median Sold Price

$351,535

$189/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$8,035(+2.3%)

Key Takeaway

Homes in 29745 have sold for 2.3% more than they did a year ago.

Summary: The median home sold price in 29745 was $351,535 in October 2024, up 2.3% from last year, and the median price per square foot was $189.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$128.2K
N/A
2 $209.9K$228K
+8.6%
3 $310K$318K
+2.6%
4 $369.3K$377.5K
+2.2%
5+ $365K$399.8K
+9.6%

Summary: 29745 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 increased by 8.6%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes increased by 9.6%.

Median Sold Price Compared To Nearby Zip Codes

29732
+7.6%
29710
+4.2%
29745
+2.3%

Housing Supply in 29745, SC

How many homes are available in 29745, SC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
257265+3.1%

Summary: The 29745 real estate market had 265 homes for sale in October 2024, a 3.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1212
0.0%
3 141146
+3.5%
4 8286
+4.9%
5+ 2221
-4.5%

Summary: The 29745 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 remained the same, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes decreased by 4.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4447+6.8%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

23 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29745, expect to pay close to the asking price. 48.9% of homes here sold near the asking price last month.

Summary: A total of 47 homes were sold or pending in 29745 in October 2024, up by 6.8% month-over-month. Of the 47 sold homes, 40% were sold under asking, 49% were sold at asking, and 11% were sold over asking.

Days on Market for 29745, SC

How long does it take to sell a home in 29745, SC?

Average Sale Time

Oct 2023Oct 2024CHANGE
48 Days60 Days+24.0%

Summary: Homes in 29745 had an average of 60 days on market in Oct 2024, up by 24% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

17 Homes Were Sold
In 30 - 90 Days

12 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 29745 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 47 homes were sold in 29745; 36% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 26% 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 24 Days Ago

Newest Listings in 29745, SC

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