Is 29059, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29059 is a buyer's market

Buyer's
Market

Difference Since February 2023

At the same time last year, 29059 was a Seller's Market.

Key Takeaway

29059 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 29059, SC

How much do homes in 29059, SC cost?

Median Sold Price

$255,000

$136/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$25,000(+10.9%)

Key Takeaway

Homes in 29059 have sold for 10.9% more than they did a year ago.

Summary: The median home sold price in 29059 was $255,000 in February 2024, up 10.9% from last year, and the median price per square foot was $136.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $117.7K$196K
+66.5%
3 $232.5K$255K
+9.7%
4 $375K$267K
-28.8%
5+ $295K$365K
+23.7%

Summary: 29059 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 66.5%, 3 bedroom homes increased by 9.7%, 4 bedroom homes decreased by 28.8%, and 5+ bedroom homes increased by 23.7%.

Median Sold Price Compared To Nearby Zip Codes

29059
+10.9%
29048
-0.8%
29142
-6.9%

Housing Supply in 29059, SC

How many homes are available in 29059, SC?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
1715-11.8%

Summary: The 29059 real estate market had 15 homes for sale in February 2024, a 11.8% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1413
-7.1%
4 21
-50.0%
5+ 00
0.0%

Summary: The 29059 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 7.1%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29059, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in 29059 in February 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 29059, 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 28 Days Ago

Newest Listings in 29059, SC

Nearby Markets to 29059, SC