Is 29412, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29412 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 29412 has remained a Seller's Market.

Key Takeaway

29412 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 29412, SC

How much do homes in 29412, SC cost?

Median Sold Price

$539,722

$333/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$27,722(+5.4%)

Key Takeaway

Homes in 29412 have sold for 5.4% more than they did a year ago.

Summary: The median home sold price in 29412 was $539,722 in March 2024, up 5.4% from last year, and the median price per square foot was $333.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $225K$240K
+6.7%
2 $325K$370K
+13.8%
3 $520K$535K
+2.9%
4 $670K$695K
+3.7%
5+ $843.1K$1.0M
+25.3%

Summary: 29412 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.7%, 2 bedroom homes increased by 13.8%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes increased by 25.3%.

Median Sold Price Compared To Nearby Zip Codes

29407
+6.0%
29412
+5.4%
29401
-4.9%
29482
-37.5%

Housing Supply in 29412, SC

How many homes are available in 29412, SC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
192209+8.9%

Summary: The 29412 real estate market had 209 homes for sale in March 2024, a 8.9% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 76
-14.3%
2 4245
+7.1%
3 8086
+7.5%
4 5155
+7.8%
5+ 1217
+41.7%

Summary: The 29412 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes increased by 41.7%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
3951+30.8%

Asking Price vs. Sold Price

29 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29412, you may be able to get a good deal. 56.9% of homes here sold below asking price last month.

Summary: A total of 51 homes were sold or pending in 29412 in March 2024, up by 30.8% month-over-month. Of the 51 sold homes, 57% were sold under asking, 16% were sold at asking, and 27% were sold over asking.

Days on Market for 29412, 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 25 Days Ago

Newest Listings in 29412, SC

Nearby Markets to 29412, SC