Is 29307, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 29307 has remained a Seller's Market.
Key Takeaway
29307 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 29307, SC
How much do homes in 29307, SC cost?
Median Sold Price
$239,998
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 29307 have sold for 6.8% less than they did a year ago.
Summary: The median home sold price in 29307 was $239,998 in March 2024, down 6.8% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $66K | $60K | -9.1% |
| 2 Bedrooms | $149.9K | $164K | +9.4% |
| 3 Bedrooms | $234.9K | $227K | -3.4% |
| 4 Bedrooms | $345K | $334K | -3.2% |
| 5+ Bedrooms | $458K | $369.5K | -19.3% |
Summary: 29307 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.1%, 2 bedroom homes increased by 9.4%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes decreased by 19.3%.
Housing Supply in 29307, SC
How many homes are available in 29307, SC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 91 | 113 | +24.2% |
Summary: The 29307 real estate market had 113 homes for sale in March 2024, a 24.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 13 | 14 | +7.7% |
| 3 Bedrooms | 47 | 62 | +31.9% |
| 4 Bedrooms | 24 | 28 | +16.7% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The 29307 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 31.9%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 18 | 22 | +22.2% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 29307, you may be able to get a good deal. 68.4% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in 29307 in March 2024, up by 22.2% month-over-month. Of the 19 sold homes, 68% were sold under asking, 32% were sold at asking, and 0% were sold over asking.
Days on Market for 29307, SC
How long does it take to sell a home in 29307, SC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 37 Days | 32 Days | -11.8% |
Summary: Homes in 29307 had an average of 32 days on market in Mar 2024, down by 11.8% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 29307 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 22 homes were sold in 29307; 45% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
