Is 29048, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29048 is a buyer's market

Buyer's
Market

Difference Since April 2023

Since last year, 29048 has remained a Buyer's Market.

Key Takeaway

29048 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 29048, SC

How much do homes in 29048, SC cost?

Median Sold Price

$257,900

$172/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$17,100(-6.2%)

Key Takeaway

Homes in 29048 have sold for 6.2% less than they did a year ago.

Summary: The median home sold price in 29048 was $257,900 in April 2024, down 6.2% from last year, and the median price per square foot was $172.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$174K
N/A
2 $182.4K$229K
+25.5%
3 $300K$274.4K
-8.5%
4 $250K$245K
-2.0%
5+ $327.5K-
N/A

Summary: 29048 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 25.5%, 3 bedroom homes decreased by 8.5%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

29148
+14.0%
29048
-6.2%

Housing Supply in 29048, SC

How many homes are available in 29048, SC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
19190.0%

Summary: The 29048 real estate market had 19 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1111
0.0%
4 55
0.0%
5+ 33
0.0%

Summary: The 29048 housing inventory by bedroom type for April 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 remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29048, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 29048 in April 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 29048, SC

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

Newest Listings in 29048, SC

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