Is 29349, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29349 is a neutral's market

Buyer's
Market

Difference Since February 2023

Since last year, 29349 has remained a Neutral Market.

Key Takeaway

29349 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 29349, SC

How much do homes in 29349, SC cost?

Median Sold Price

$299,000

$170/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$27,687(+10.2%)

Key Takeaway

Homes in 29349 have sold for 10.2% more than they did a year ago.

Summary: The median home sold price in 29349 was $299,000 in February 2024, up 10.2% from last year, and the median price per square foot was $170.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $125K$144K
+15.2%
2 $163.9K$189.5K
+15.6%
3 $251.1K$275K
+9.5%
4 $352K$350K
-0.6%
5+ $605K$431K
-28.8%

Summary: 29349 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.2%, 2 bedroom homes increased by 15.6%, 3 bedroom homes increased by 9.5%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes decreased by 28.8%.

Median Sold Price Compared To Nearby Zip Codes

29349
+10.2%
29316
+3.8%
29385
+0.8%
29322
-8.3%

Housing Supply in 29349, SC

How many homes are available in 29349, SC?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
182222+22.0%

Summary: The 29349 real estate market had 222 homes for sale in February 2024, a 22.0% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 21
-50.0%
2 1010
0.0%
3 93123
+32.3%
4 5359
+11.3%
5+ 2429
+20.8%

Summary: The 29349 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 32.3%, 4 bedroom homes increased by 11.3%, and 5+ bedroom homes increased by 20.8%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
2934+17.2%

Asking Price vs. Sold Price

23 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29349, you may be able to get a good deal. 69.7% of homes here sold below asking price last month.

Summary: A total of 34 homes were sold or pending in 29349 in February 2024, up by 17.2% month-over-month. Of the 33 sold homes, 70% were sold under asking, 18% were sold at asking, and 12% were sold over asking.

Days on Market for 29349, SC

How long does it take to sell a home in 29349, SC?

Average Sale Time

Feb 2023Feb 2024CHANGE
20 Days36 Days+80.1%

Summary: Homes in 29349 had an average of 36 days on market in Feb 2024, up by 80.1% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 29349 are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 34 homes were sold in 29349; 24% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 6% 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 28 Days Ago

Newest Listings in 29349, SC

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