Is 29334, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29334 is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 29334 was a Seller's Market.

Key Takeaway

29334 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 29334, SC

How much do homes in 29334, SC cost?

Median Sold Price

$325,000

$156/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$31,500(+10.7%)

Key Takeaway

Homes in 29334 have sold for 10.7% more than they did a year ago.

Summary: The median home sold price in 29334 was $325,000 in March 2024, up 10.7% from last year, and the median price per square foot was $156.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $115.5K$197.5K
+71.0%
3 $265K$290K
+9.4%
4 $363.4K$371K
+2.1%
5+ $405K$417.5K
+3.1%

Summary: 29334 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 71%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes increased by 3.1%.

Median Sold Price Compared To Nearby Zip Codes

29334
+10.7%
29385
+6.0%
29365
+1.8%

Housing Supply in 29334, SC

How many homes are available in 29334, SC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
115133+15.7%

Summary: The 29334 real estate market had 133 homes for sale in March 2024, a 15.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 36
+100.0%
3 7271
-1.4%
4 3743
+16.2%
5+ 313
+333.3%

Summary: The 29334 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 100%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes increased by 16.2%, and 5+ bedroom homes increased by 333.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1820+11.1%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29334, you may be able to get a good deal. 70.6% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in 29334 in March 2024, up by 11.1% month-over-month. Of the 17 sold homes, 71% were sold under asking, 29% were sold at asking, and 0% were sold over asking.

Days on Market for 29334, SC

How long does it take to sell a home in 29334, SC?

Average Sale Time

Mar 2023Mar 2024CHANGE
51 Days31 Days-39.0%

Summary: Homes in 29334 had an average of 31 days on market in Mar 2024, down by 39% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 29334 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 20 homes were sold in 29334; 30% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 5% 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 15 Days Ago

Newest Listings in 29334, SC

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