Is 29418, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29418 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 29418 has remained a Seller's Market.

Key Takeaway

29418 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 29418, SC

How much do homes in 29418, SC cost?

Median Sold Price

$302,966

$198/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$5,863(-1.9%)

Key Takeaway

Homes in 29418 have sold for 1.9% less than they did a year ago.

Summary: The median home sold price in 29418 was $302,966 in March 2024, down 1.9% from last year, and the median price per square foot was $198.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $97K$133.5K
+37.6%
2 $201K$210K
+4.5%
3 $314.9K$305K
-3.2%
4 $350K$375K
+7.1%
5+ $376.6K$396.5K
+5.3%

Summary: 29418 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 37.6%, 2 bedroom homes increased by 4.5%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 5.3%.

Median Sold Price Compared To Nearby Zip Codes

29414
+9.9%
29406
+8.5%
29420
+5.3%
29418
-1.9%

Housing Supply in 29418, SC

How many homes are available in 29418, SC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
99107+8.1%

Summary: The 29418 real estate market had 107 homes for sale in March 2024, a 8.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 119
-18.2%
3 7071
+1.4%
4 1522
+46.7%
5+ 24
+100.0%

Summary: The 29418 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 18.2%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 46.7%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2724-11.1%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29418, you may be able to get a good deal. 54.2% of homes here sold below asking price last month.

Summary: A total of 24 homes were sold or pending in 29418 in March 2024, down by 11.1% month-over-month. Of the 24 sold homes, 54% were sold under asking, 29% were sold at asking, and 17% were sold over asking.

Days on Market for 29418, 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 24 Days Ago

Newest Listings in 29418, SC

Nearby Markets to 29418, SC