Is 29405, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29405 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 29405 has remained a Seller's Market.

Key Takeaway

29405 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 29405, SC

How much do homes in 29405, SC cost?

Median Sold Price

$365,000

$267/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$33,800(+10.2%)

Key Takeaway

Homes in 29405 have sold for 10.2% more than they did a year ago.

Summary: The median home sold price in 29405 was $365,000 in March 2024, up 10.2% from last year, and the median price per square foot was $267.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$230.2K
N/A
2 $237.2K$233.5K
-1.6%
3 $330K$387.8K
+17.5%
4 $515K$520K
+1.0%
5+ $442.5K$421.8K
-4.7%

Summary: 29405 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 decreased by 1.6%, 3 bedroom homes increased by 17.5%, 4 bedroom homes increased by 1%, and 5+ bedroom homes decreased by 4.7%.

Median Sold Price Compared To Nearby Zip Codes

29403
+11.7%
29405
+10.2%
29406
+8.5%
29407
+6.0%
29418
-1.9%

Housing Supply in 29405, SC

How many homes are available in 29405, SC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
143153+7.0%

Summary: The 29405 real estate market had 153 homes for sale in March 2024, a 7.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 10
-100.0%
2 3127
-12.9%
3 91101
+11.0%
4 1620
+25.0%
5+ 45
+25.0%

Summary: The 29405 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 12.9%, 3 bedroom homes increased by 11%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
3043+43.3%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29405, you may be able to get a good deal. 51.2% of homes here sold below asking price last month.

Summary: A total of 43 homes were sold or pending in 29405 in March 2024, up by 43.3% month-over-month. Of the 43 sold homes, 51% were sold under asking, 16% were sold at asking, and 33% were sold over asking.

Days on Market for 29405, SC

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 19 Days Ago

Newest Listings in 29405, SC

Nearby Markets to 29405, SC