Is 29429, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29429 is a buyer's market

Buyer's
Market

Difference Since February 2023

Since last year, 29429 has remained a Buyer's Market.

Key Takeaway

29429 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 29429, SC

How much do homes in 29429, SC cost?

Median Sold Price

$720,000

$315/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$72,195(+11.1%)

Key Takeaway

Homes in 29429 have sold for 11.1% more than they did a year ago.

Summary: The median home sold price in 29429 was $720,000 in February 2024, up 11.1% from last year, and the median price per square foot was $315.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $350K-
N/A
2 $331K-
N/A
3 $577.5K$560.4K
-3.0%
4 $645.6K$809.9K
+25.5%
5+ $657K$797.5K
+21.4%

Summary: 29429 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 3%, 4 bedroom homes increased by 25.5%, and 5+ bedroom homes increased by 21.4%.

Median Sold Price Compared To Nearby Zip Codes

29492
+12.8%
29429
+11.1%
29466
+10.3%
29450
+9.0%
29451
0.3%

Housing Supply in 29429, SC

How many homes are available in 29429, SC?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
2729+7.4%

Summary: The 29429 real estate market had 29 homes for sale in February 2024, a 7.4% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 11
0.0%
3 46
+50.0%
4 1313
0.0%
5+ 99
0.0%

Summary: The 29429 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29429, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 29429 in February 2024, up by 300.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for 29429, 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 28 Days Ago

Newest Listings in 29429, SC

Nearby Markets to 29429, SC