Is 29180, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29180 is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 29180 was a Seller's Market.

Key Takeaway

29180 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 29180, SC

How much do homes in 29180, SC cost?

Median Sold Price

$199,900

$111/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$105,100(-34.5%)

Key Takeaway

Homes in 29180 have sold for 34.5% less than they did a year ago.

Summary: The median home sold price in 29180 was $199,900 in April 2024, down 34.5% from last year, and the median price per square foot was $111.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $20K-
N/A
2 $337K$107.7K
-68.0%
3 $241.5K$195K
-19.3%
4 $647K$250K
-61.4%
5+ $250K$366K
+46.4%

Summary: 29180 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 decreased by 68%, 3 bedroom homes decreased by 19.3%, 4 bedroom homes decreased by 61.4%, and 5+ bedroom homes increased by 46.4%.

Housing Supply in 29180, SC

How many homes are available in 29180, SC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2837+32.1%

Summary: The 29180 real estate market had 37 homes for sale in April 2024, a 32.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 66
0.0%
3 1317
+30.8%
4 59
+80.0%
5+ 34
+33.3%

Summary: The 29180 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 increased by 30.8%, 4 bedroom homes increased by 80%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
02+100.0%

Asking Price vs. Sold Price

1 Home Was 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 29180, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 29180 in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 29180, SC

How long does it take to sell a home in 29180, SC?

Average Sale Time

Apr 2023Apr 2024CHANGE
85 Days3 Days-96.5%

Summary: Homes in 29180 had an average of 3 days on market in Apr 2024, down by 96.5% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 29180 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in 29180; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 9 Days Ago

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