Is 29340, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 29340 was a Seller's Market.
Housing Prices in 29340, SC
How much do homes in 29340, SC cost?
Median Sold Price
$191,900
$133/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 29340 was $191,900 in March 2024, up 16.3% from last year, and the median price per square foot was $133.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $16.2K | - | N/A |
2 Bedrooms | $89.2K | $120K | +34.5% |
3 Bedrooms | $170K | $191.9K | +12.9% |
4 Bedrooms | $210K | $276.8K | +31.8% |
5+ Bedrooms | $392K | $323.1K | -17.6% |
Summary: 29340 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 34.5%, 3 bedroom homes increased by 12.9%, 4 bedroom homes increased by 31.8%, and 5+ bedroom homes decreased by 17.6%.
Housing Supply in 29340, SC
How many homes are available in 29340, SC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
95 | 85 | -10.5% |
Summary: The 29340 real estate market had 85 homes for sale in March 2024, a 10.5% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 22 | 13 | -40.9% |
3 Bedrooms | 54 | 54 | 0.0% |
4 Bedrooms | 15 | 16 | +6.7% |
5+ Bedrooms | 4 | 2 | -50.0% |
Summary: The 29340 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 decreased by 40.9%, 3 bedroom homes remained the same, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
27 | 15 | -44.4% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 15 homes were sold or pending in 29340 in March 2024, down by 44.4% month-over-month. Of the 10 sold homes, 70% were sold under asking, 20% were sold at asking, and 10% were sold over asking.
Days on Market for 29340, SC
How long does it take to sell a home in 29340, SC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
60 Days | 51 Days | -14.4% |
Summary: Homes in 29340 had an average of 51 days on market in Mar 2024, down by 14.4% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 15 homes were sold in 29340; 47% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.