Is 29302, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29302 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 29302 has remained a Seller's Market.

Key Takeaway

29302 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 29302, SC

How much do homes in 29302, SC cost?

Median Sold Price

$279,950

$163/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$22,450(+8.7%)

Key Takeaway

Homes in 29302 have sold for 8.7% more than they did a year ago.

Summary: The median home sold price in 29302 was $279,950 in April 2024, up 8.7% from last year, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $90K$150K
+66.7%
2 $164.5K$212.5K
+29.2%
3 $246.5K$265K
+7.5%
4 $304.9K$347.5K
+14.0%
5+ $308.4K$444.9K
+44.2%

Summary: 29302 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 66.7%, 2 bedroom homes increased by 29.2%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 14%, and 5+ bedroom homes increased by 44.2%.

Median Sold Price Compared To Nearby Zip Codes

29302
+8.7%
29306
0.0%
29307
-0.6%

Housing Supply in 29302, SC

How many homes are available in 29302, SC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
94114+21.3%

Summary: The 29302 real estate market had 114 homes for sale in April 2024, a 21.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 811
+37.5%
3 5773
+28.1%
4 2222
0.0%
5+ 78
+14.3%

Summary: The 29302 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 increased by 37.5%, 3 bedroom homes increased by 28.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1730+76.5%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29302, you may be able to get a good deal. 53.6% of homes here sold below asking price last month.

Summary: A total of 30 homes were sold or pending in 29302 in April 2024, up by 76.5% month-over-month. Of the 28 sold homes, 54% were sold under asking, 25% were sold at asking, and 21% were sold over asking.

Days on Market for 29302, SC

How long does it take to sell a home in 29302, SC?

Average Sale Time

Apr 2023Apr 2024CHANGE
50 Days37 Days-25.9%

Summary: Homes in 29302 had an average of 37 days on market in Apr 2024, down by 25.9% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 29302 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 30 homes were sold in 29302; 37% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 7% 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 6 Days Ago

Newest Listings in 29302, SC

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