Is 29829, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29829 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 29829 has remained a Seller's Market.

Key Takeaway

29829 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 29829, SC

How much do homes in 29829, SC cost?

Median Sold Price

$280,000

$146/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$9,305(-3.2%)

Key Takeaway

Homes in 29829 have sold for 3.2% less than they did a year ago.

Summary: The median home sold price in 29829 was $280,000 in December 2024, down 3.2% from last year, and the median price per square foot was $146.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $189.6K$195.6K
+3.2%
3 $241.9K$247K
+2.1%
4 $318.9K$313.5K
-1.7%
5+ $339.1K$360K
+6.2%

Summary: 29829 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.2%, 3 bedroom homes increased by 2.1%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes increased by 6.2%.

Median Sold Price Compared To Nearby Zip Codes

29851
+33.6%
29829
-3.2%

Housing Supply in 29829, SC

How many homes are available in 29829, SC?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
9587-8.4%

Summary: The 29829 real estate market had 87 homes for sale in December 2024, a 8.4% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 107
-30.0%
3 3027
-10.0%
4 4138
-7.3%
5+ 1415
+7.1%

Summary: The 29829 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 30%, 3 bedroom homes decreased by 10%, 4 bedroom homes decreased by 7.3%, and 5+ bedroom homes increased by 7.1%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
1718+5.9%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29829, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 18 homes were sold or pending in 29829 in December 2024, up by 5.9% month-over-month. Of the 18 sold homes, 33% were sold under asking, 50% were sold at asking, and 17% were sold over asking.

Days on Market for 29829, SC

How long does it take to sell a home in 29829, SC?

Average Sale Time

Dec 2023Dec 2024CHANGE
134 Days196 Days+46.3%

Summary: Homes in 29829 had an average of 196 days on market in Dec 2024, up by 46.3% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 29829 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During December 2024, 18 homes were sold in 29829; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 6% 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 4 Days Ago

Newest Listings in 29829, SC

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