Is 29306, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29306 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 29306 has remained a Seller's Market.

Key Takeaway

29306 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 29306, SC

How much do homes in 29306, SC cost?

Median Sold Price

$199,950

$150/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$5,050(-2.5%)

Key Takeaway

Homes in 29306 have sold for 2.5% less than they did a year ago.

Summary: The median home sold price in 29306 was $199,950 in March 2024, down 2.5% from last year, and the median price per square foot was $150.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $190K$200K
+5.3%
2 $132.5K$120K
-9.4%
3 $198.5K$199.9K
+0.7%
4 $533.5K$319.9K
-40.0%
5+ $712.5K$465K
-34.7%

Summary: 29306 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.3%, 2 bedroom homes decreased by 9.4%, 3 bedroom homes increased by 0.7%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes decreased by 34.7%.

Median Sold Price Compared To Nearby Zip Codes

29303
+11.0%
29302
+8.7%
29376
+3.8%
29301
+3.5%
29306
-2.5%

Housing Supply in 29306, SC

How many homes are available in 29306, SC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
96106+10.4%

Summary: The 29306 real estate market had 106 homes for sale in March 2024, a 10.4% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 810
+25.0%
3 5055
+10.0%
4 3232
0.0%
5+ 69
+50.0%

Summary: The 29306 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1926+36.8%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29306, you may be able to get a good deal. 68% of homes here sold below asking price last month.

Summary: A total of 26 homes were sold or pending in 29306 in March 2024, up by 36.8% month-over-month. Of the 25 sold homes, 68% were sold under asking, 16% were sold at asking, and 16% were sold over asking.

Days on Market for 29306, SC

How long does it take to sell a home in 29306, SC?

Average Sale Time

Mar 2023Mar 2024CHANGE
83 Days46 Days-44.6%

Summary: Homes in 29306 had an average of 46 days on market in Mar 2024, down by 44.6% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 29306 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 26 homes were sold in 29306; 27% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 8% 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 22 Days Ago

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